Dec 13 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Converge Technology Solutions, Coveo Solutions and Laurentian Bank
of Canada, on Monday.
HIGHLIGHTS
* Converge Technology Solutions Corp CTS.TO : CIBC initiates with neutral rating
* Coveo Solutions Inc CVO.TO : RBC initiates with outperform rating; target price C$20
* Laurentian Bank of Canada LB.TO : CIBC raises to neutral from underperformer
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Converge Technology Solutions Corp CTS.TO : CIBC initiates with neutral rating
* Converge Technology Solutions Corp CTS.TO : CIBC initiates with target price C$12.50
* Coveo Solutions Inc CVO.TO : RBC initiates with outperform rating; target price C$20
* Definity Financial Corp DFY.TO : RBC initiates with outperform rating;target price C$32
* Laurentian Bank of Canada LB.TO : CIBC raises to neutral from underperformer
* Laurentian Bank of Canada LB.TO : RBC raises target price to C$52 from C$49
* Mcloud Technologies MCLD.V : Atb Capital Markets initiates coverage with speculative buy rating
* Mcloud Technologies MCLD.V : Atb Capital Markets initiates coverage with PT C$13
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))