May 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Fortis, Rogers Sugar and Sierra Metals, on Wednesday.
HIGHLIGHTS
* Fortis Inc FTS.TO : CIBC cuts price target to C$48 from C$50
* Rogers Sugar Inc RSI.TO : Desjardins cuts to hold from buy
* Sierra Metals Inc SMT.TO : Jefferies starts with hold rating; price target C$3.50
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Canopy Growth Corp WEED.TO : Canaccord Genuity raises target to C$27.50 from C$26.50
* Fortis Inc FTS.TO : CIBC cuts price target to C$48 from C$50
* Pengrowth Energy Corp PGF.TO : RBC raises price target to C$1.20 from C$1.10
* Rogers Sugar Inc RSI.TO : Desjardins cuts to hold from buy
* Rogers Sugar Inc RSI.TO : Desjardins cuts price target to C$6 from C$7.50
* Sierra Metals Inc SMT.TO : Jefferies starts with hold rating; price target C$3.50
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))