Canada Research Roundup: Aritzia, Cogeco, Telus

COGECO

12/01/2023 16:03

Jan 12 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Aritzia, Cogeco and Telus, on Thursday. 
    HIGHLIGHTS    
     * Aritzia Inc  ATZ.TO : Canaccord Genuity cuts target price to C$65 from C$67
     * Cogeco Inc  CGO.TO : CIBC raises target price to C$71 from C$64
     * First Quantum Minerals Ltd  FM.TO : Barclays cuts to underweight from equal-weight
     * Sun Life Financial Inc  SLF.TO : Credit Suisse initiates coverage with outperform rating
     * Telus Corp  T.TO : National Bank of Canada cuts target price to C$31 from C$34
 Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     * AG Growth International Inc  AFN.TO : CIBC raises target price to C$62 from C$53
     * Aritzia Inc  ATZ.TO : Canaccord Genuity cuts target price to C$65 from C$67
     * BCE Inc  BCE.TO : CIBC raises target price to C$64 from C$62
     * BCE Inc  BCE.TO : National Bank of Canada cuts target price to C$63 from C$66
     * Canadian National Railway  CNR.TO : Barclays raises target price to C$170 from C$160 
     * Canadian Pacific Railway  CP.TO : Barclays raises target price to C$115 from C$110 
     * Chemtrade Logistics Income Fund  CHE_u.TO : CIBC raises target price to C$12 from C$11
                 * Chorus Aviation Inc  CHR.TO : Deutsche Bank initiates coverage with buy rating; PT C$5 
 
     * CI Financial Corp  CIX.TO : KBW raises target price to C$19.5 from C$18 
     * Cogeco Communications Inc  CCA.TO : CIBC raises target price to C$84 from C$76
     * Cogeco Inc  CGO.TO : CIBC raises target price to C$71 from C$64
     * Ero Copper Corp.  ERO.TO : Barclays raises target price to C$20 from C$19 
                 * Filo Mining Corp  FIL.TO : BMO raises target price to C$32 from C$27 
 
                 * Filo Mining Corp  FIL.TO : Cormark Securities raises target price to C$27.5 from C$22.5 
 
     * Filo Mining Corp  FIL.TO : Haywood Securities raises target price to C$40 from C$32.50
     * First Quantum Minerals Ltd  FM.TO : Barclays cuts to underweight from equal-weight
     * First Quantum Minerals Ltd  FM.TO : Barclays raises target price to C$23 from C$21 
     * First Quantum Minerals Ltd  FM.TO : Citigroup raises price target to C$32 from C$20 
     * First Quantum Minerals Ltd  FM.TO : Citigroup raises to neutral from sell
                 * Gogold Resources Inc  GGD.TO : BMO raises target price to C$3.50 from C$3.40 
 
     * Great-West Lifeco Inc  GWO.TO : Credit Suisse initiates coverage with neutral rating
     * Great-West Lifeco Inc  GWO.TO : Credit Suisse initiates coverage with target price C$33 
     * Hudbay Minerals Inc.  HBM.TO : Barclays raises target price to C$7 from C$6 
     * Karora Resources Inc  KRR.TO : Haywood Securities raises target price to C$8 from C$6
     * Manulife Financial Corp  MFC.TO : Credit Suisse initiates coverage with neutral rating
     * Manulife Financial Corp  MFC.TO : Credit Suisse initiates coverage with target price C$25 
     * Quebecor Inc  QBRb.TO : CIBC raises target price to C$35 from C$29
     * Quebecor Inc  QBRb.TO : National Bank of Canada raises target price to C$36 from C$32
                 * Reunion Gold Corp  RGD.V : Stifel GMP initiates coverage with buy rating; PT C$0.6 
 
     * Rogers Communications Inc  RCIb.TO : CIBC raises target price to C$72 from C$69 
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada raises PT to C$78 from C$75
                 * Step Energy Services Ltd  STEP.TO : Raymond James cuts target price to C$10 from C$11 
 
     * Sun Life Financial Inc  SLF.TO : Credit Suisse initiates coverage with outperform rating
     * Sun Life Financial Inc  SLF.TO : Credit Suisse initiates coverage with target price C$70 
     * Teck Resources Ltd  TECKb.TO : Barclays raises target price to C$47 from C$45 
     * Teck Resources Ltd  TECKb.TO : Citigroup raises price target to C$55 from C$45 
                 * Teck Resources Ltd  TECKb.TO : Stifel GMP raises target price to C$64 from C$61 
 
     * Telus Corp  T.TO : CIBC raises to outperform from neutral 
     * Telus Corp  T.TO : National Bank of Canada cuts target price to C$31 from C$34
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))