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Canadian Blue-chip Industrial Forum
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CANADA RESEARCH ROUNDUPCANADA RESEARCH ROUNDUP-Cenovus Energy, Royal Bank of Canada, Tembec RTR North American Financial News May 26 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Cenovus Energy, Royal Bank of Canada and Tembec Inc, on Friday.
HIGHLIGHTS * Cenovus Energy CVE.TO : Credit Suisse reinstates coverage with outperform rating * Royal Bank of Canada RY.TO : National Bank of Canada cuts target to C$99; sector perform * Tembec Inc TMB.TO : TD Securities revises rating to tender from buy Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Canadian Imperial Bank of Commerce CM.TO : National Bank of Canada cuts target to C$125; outperform * Cenovus Energy CVE.TO : Credit Suisse reinstates coverage with outperform rating * Cenovus Energy CVE.TO : Credit Suisse reinstates coverage with target price C$20 * Hydro One H.TO : Credit Suisse reinstates coverage with neutral rating; target of C$26 * Ikkuma Resources Corp IKM.V : PI Financial cuts price target to C$1.40 from C$1.50; buy * Laurentian Bank of Canada LB.TO : National Bank Of Canada resumes with sector perform rating * Laurentian Bank of Canada LB.TO : National Bank Of Canada resumes with target of C$58 * MAG Silver Corp MAG.TO : BMO raises to outperform from market perform * Royal Bank of Canada RY.TO : National Bank of Canada cuts target to C$99; sector perform * Tembec Inc TMB.TO : TD Securities raises target price to C$4.25 from C$4 * Tembec Inc TMB.TO : TD Securities revises rating to tender from buy * Toronto-Dominion Bank TD.TO : RBC raises price target to C$70 from C$68; sector perform * Trilogy Energy Corp TET.TO : TD Securities raises target to C$6.00 from C$5.50; hold
(Compiled by Bengaluru Newsroom) ((Bengaluru Newsroom: +1 646 223 8780)) |
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