Recommendations for February 20, 2007The Bomb
Great-West LifeCo Perspectives on Putnam's Non Mutual Fund Flows
Price (19-Feb)
$36.64 52-Week High $36.94
Target Price
$40.00 52-Week Low $26.90
J. Reucassel
Yellow Pages Income Fund
To Acquire Aliant Directory Services; Issues $300 Million in Preferred Shares
Price (19-Feb)
$13.12 52-Week High $16.90
Target Price
$13.50 52-Week Low $11.55
T. Casey
Domtar
Raising Target
Price (19-Feb)
$10.80 52-Week High $10.94
Target Price
$13.50↑ 52-Week Low $5.96
S. Atkinson
Canadian Utilities
ATCO Electric Files 2007/08 GTA; Market Perform Rating Unchanged
Price (19-Feb)
$43.44 52-Week High $48.94
Target Price
$42.50 52-Week Low $35.15
K. Taylor
Bombardier Inc.
Bombardier Aerospace Launches 100-Seat CRJ1000 Regional Jet
Price (19-Feb)
$4.79 52-Week High $4.79
Target Price
$3.20 52-Week Low $2.68
C. Proulx
Alberta Clipper Energy Inc. $17.3 Million Bought Deal Financing Closed
Price (19-Feb)
$5.00 52-Week High $6.70
Target Price
$6.75↓ 52-Week Low $2.61
K. Porteous
Cordero Energy Inc.
Operational Update; 2007 Guidance Lowered
Price (19-Feb)
$5.10 52-Week High $7.70
Target Price
$6.50↓ 52-Week Low $5.10
K. Porteous
Canfor Pulp Income Fund
Results Above Expectations; Raising Target
Price (19-Feb)
$14.65 52-Week High $14.75
Target Price
$15.00↑ 52-Week Low $14.65
S. Atkinson
Noranda Income Fund
Q4/06 Results Below Expectations; Management Provides Positive 2007 Guidance
Price (19-Feb)
$9.91 52-Week High $9.91
Target Price
$12.50 52-Week Low $7.40
J. Turner
Miranda Technologies Inc.
Q4 Results Better than Concensus and Expectations
Price (19-Feb)
$13.26 52-Week High $19.48
Target Price
$18.00↑ 52-Week Low $11.26
B. Piccioni
KCP Income Fund
Acquisition and Health Care Weigh on 2006 Results; Takeover Speculation Fuels Unit Price Appreciation
Price (16-Feb)
$8.80 52-Week High $11.18
Target Price
$9.25↑ 52-Week Low $6.90
O. Baranowsky
Concorde
Amtelecom Income Fund |
David Lambert, AMT.UN : TSX : C$13.60 | C$87.0M | Buy , Target C$14.00 ↑
•
Bell Aliant bids $13.00 for Amtelecom units; Increasing our target to $14.00.
Rogers Communications Inc. |
David Lambert, RCI.B : TSX : C$39.71 |C$25,619.0M | Sell , Target C$32.00 ↑
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Wireless ARPU leads Rogers solid Q4/06A results; However, spectrum auction
announcement could create overhang
ICT Group |
Colin Gillis, ICTG : NNM : US$27.18 | US$432.2M | Buy , Target US$40.00
•
BPO and high-margin marketing traction seen driving shares after DecQ
earnings call
Perficient |
Colin Gillis, PRFT : NNM : US$20.49 | US$574.9M | Buy , Target US$20.00
•
"Sell the news" may cause share pressure on Wed DecQ report
Tempur-Pedic International |
Stephen Colbert, TPX : NYSE : US$26.59 | US$2,278.2M | Hold ↓, Target US$27.00
•
Downgrade to HOLD; shares look fairly valued following run-up
RONA Inc. |
Benoit Caron, RON : TSX : C$24.40 | $2,802.9M | Buy , Target C$25.00
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Q3 Earnings preview