Scotia Capital

Scotia Capital is out with a research report on Progressive Waste Solutions Ltd. (NYSE: BIN) and is lowering its price target to $29.50 from $32.50, but is keeping its Sector Outperform rating. In a note to clients, Scotia Capital writes, "Our earnings forecast for BIN is down roughly 15%, and is...

Scotia Capital is out with a research report on Brookfield Asset Management (NYSE: BAM) and it has a Sector Outperform rating and a $32 price target on shares. In a note to clients, Scotia Capital writes, "Well positioned for better or for worse. Cyclical sector exposure (timber, residential...

Scotia Capital is out with a research report on Brookfield Office Properties (NYSE: BPO) and it has a Sector Outperform rating and $20 price target on shares. In a note to clients, Scotia Capital writes, "Significant development pipeline emphasized. BPO discussed an 8.8M sf "high priority"...

Scotia Capital is out with a research report on Whiting Petroleum Corporation (NYSE: WLL) and it has a Sector Perform rating and a $72 price target on shares. In a note to clients, Scotia Capital writes, "High returns on capital. Whiting's test results from its core and prospect areas continue to...

Scotia Capital is out with a research report on PDC Energy (NASDAQ: PETD) and it has a Sector Perform rating and a $45 price target on shares. In a note to clients, Scotia Capital writes, "Marcellus acquisition. PDC Mountaineer (50/50 JV) acquired ~90,000 Marcellus net acres and ~10,000 Huron...

Scotia Capital is out with a research report on Agrium Inc. (NYSE: AGU) and it has a Sector Outperform rating and a $109 price target on shares. In a note to clients, Scotia Capital writes, "The cost formula allows AGU to continue strong margin realization, while protecting most downside...

Scotia Capital is out with a research report on Monsanto (NYSE: MON) and it has a Sector Perform rating and $80 price target after the company pre-announced earnings. In a note to clients, Scotia Capital writes, "MOS pre-released some of its Q1/12 earnings. EPS of $1.17 is a 9% miss from the...

Scotia Capital is out with a research report on Barrick Gold Corporation (NYSE: ABX) and it has a Sector Perform rating and a $62.50 price target on shares. In a note to clients, Scotia Capital writes, "As a world class asset, Cortez is a key operation for ABX that has been performing better than...

As the global economy slowly starts to move into a recession (if it isn't there already), consumers have been noticeably trading down, or getting squeezed out of some of their favorite stores. Coffee is one luxury that consumers do not seem willing to give up on. One potential name that could...

Scotia Capital is out with a research report on Golden Star Resources Ltd. (NYSE: GSS) and is upgrading shares to Sector Perform and is raising its price target to $2.50. In a note to clients, Scotia Capital writes, "We are upgrading Golden Star to 2-Sector Perform based on share price...

Scotia Capital is out with a research report on Franco-Nevada Corporation (NYSE: FNV) and it has a Sector Perform rating and a $47 price target on shares. In a note to clients, Scotia Capital writes, "FNV announced that it has entered into an agreement to acquire all the common shares of Lumina...

Scotia Capital is out with a research report on Walter Energy Inc. (NYSE: WLT) and is lowering its price target to $110 from $140, and is keeping its Sector Perform rating. In a note to clients, Scotia Capital writes, "Lower overall sales guidance. Walter Energy now expects to sell approximately...

Scotia Capital is out with a research report on Mosaic (NYSE: MOS) and it has a Sector Perform rating and a $80 price target. In anote to clients, Scotia Capital writes, "MOS has 42M shares left to be sold by the Cargill charitable trust over the next year, as part of Cargill monetizing its 64%...

Scotia Capital is out with a research report on Apache Corporation (NYSE: APA) and it has a Sector Perform rating and a $125 price target. In a note to clients, Scotia Capital writes, "The acquired fields have current net production of approximately 19 mboe/d of oil and liquids and 58 mmcf/d of...

Scotia Capital is out with a research report on Potash Corp. (NYSE: POT) and it has a Sector Outperform rating and a $66 price target on shares. In a note to clients, Once POT's expansion program to 17.1M mt winds down, as well as its Geismer restart, POT could spend its FCF on: (1) increased...