Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Converge Technology Solutions, Mullen Group and Teck Resources, on Friday.
HIGHLIGHTS
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform |
* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5 |
* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight |
* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80 |
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Converge Technology Solutions Corp CTS.TO: Canaccord Genuity cuts PT to C$6 from C$6.25 |
* Converge Technology Solutions Corp CTS.TO: CIBC cuts target price to C$4 from C$5 |
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts PT to C$4.5 from C$6 |
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform |
* Converge Technology Solutions Corp CTS.TO: Raymond James cuts PT to C$5.50 from C$6.50 |
* Enbridge Inc ENB.TO: Morgan Stanley resumes coverage with equal-weight rating; PT C$64 |
* IA Financial Corporation Inc IAG.TO: National Bank of Canada cuts to sector perform from outperform |
* IA Financial Corporation Inc IAG.TO: National Bank of Canada ups PT to C$118 from C$102 |
* Mag Silver Corp MAG.TO: BMO raises target price to C$26 from C$24 |
* Montage Gold Corp MAU.V: BMO raises target price to C$3.75 from C$3 |
* Mullen Group Ltd MTL.TO: BMO raises target price to C$20 from C$17 |
* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5 |
* Mullen Group Ltd MTL.TO: Raymond James raises target price to C$18.75 from C$17.25 |
* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55 |
* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with price target C$36 |
* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with underweight rating |
* Storagevault Canada Inc SVI.TO: Scotiabank cuts target price to C$5.50 from C$5.75 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises target price to C$78 from C$62 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight |
* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80 |
* Teck Resources Ltd TECKb.TO: CIBC cuts target price to C$78 from C$80 |
* Teck Resources Ltd TECKb.TO: JP Morgan cuts target price to C$76 from C$78 |
* Teck Resources Ltd TECKb.TO: Raymond James raises target price to C$74 from C$73 |
* Teck Resources Ltd TECKb.TO: Scotiabank cuts target price to C$74 from C$79 |
* Teck Resources Ltd TECKb.TO: UBS cuts target price to C$76 from C$78 |
* Waste Connections Inc WCN.TO: ATB Capital Markets raises target to C$260 from C$255 |
* Winpak Ltd WPK.TO: BMO raises target price to C$52 from C$50 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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