RE:Maybe the Canacord sky will fall Monday?
Yes, and I forgot to mention what I consider the most glaring reason for the downgrade. Analysts do this all the time (Zacks is the worst!) They downgrade AFTER the drop to make themselves look good on record, Especially at the end of a quarter.
They downgrade all of the stocks they cover that are already down, and they Upgrade the ones that have already gone up. Then they show their clients their "successful record" of picking the right moves.
It's really pathetic. Zacks will wait until a stock drops as much as 50%, and then they downgrade. When that same stock returns to its highs, the Upgrade again. If you followed their advice, you would lose 50% every time, and then you'd miss out on a 100% Gain right after!