CIBC

Analysts at CIBC upgrade Precision Drilling Corporation (NYSE: PDS) from “underperformer” to “sector performer.” The target price for PDS has been raised from $12.50 to $15.50. PDS shares closed at $14.08 yesterday. More Analyst Ratings here

Analysts at CIBC World Markets downgrade Royal Bank (NYSE: RY) from "sector outperformer" to "sector perfomer." RY’s shares fell 2.24% to close at $54.14 yesterday. More Analyst Ratings here

In a report released today, analysts from CIBC reiterated their Market Weight rating and $120 price target on shares of Potash Corp. of Saskatchewan (NYSE: POT). The analysts did adjust earnings estimates upwards, however, as a result of a changing outlook for phosphate and nitrogen fertilizer...

CIBC maintains their “Sector Outperformer” rating for Cogeco Cable Inc. (TSE: CCA) with a price target of $38, after yesterday Rogers Increased their stake in Cogeco Cable (CCA) and CCA's parent, Cogeco Inc. (CGO). The Firm said “While the transaction (Rogers’ additional stake) is material, it...