The Investors Centre - The Buck Starts Here

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The Investors Centre - Upgrades / Downgrades
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Report date: May 25, 2001
Canadian Focus (Go to US Focus)

Other Reports:

May Upgrades / Downgrades

Insiders Report

TSE Shorts

Earnings

Move

Name
Previous

Recommendation

Target

Who

724 Solutions (SVN:TSE) (initiated) Market outperform n/a Goldman Sachs

Canadian Natural Resources (CNQ:TSE) ? Strong buy C $70 Scotia Capital

Sleeman Brewing (ALE:TSE) (reiterated) Strong buy C $11 Scotia Capital

Telus (T:TSE) (reiterated) Strong buy C $43 Scotia Capital

Upgrades / Downgrades Legend

US Focus (Go to Canadian Focus)

Move	Name	Previous	Recommendation	Target	Who
	eBay (EBAY)	(initiated)	Buy	n/a	SG Cowen
	Hasbro (HAS)	(initiated)	Hold	U $17	Credit Suisse First Boston
	Johnson & Johnson (JNJ)	(reiterated)	Buy	n/a	CIBC World Markets
	Lehman Brothers (LEH)	(reiterated)	Add	U $87	Dresdner Kleinwort Wass.
	Liz Claiborne (LIZ)	(reiterated)	Hold	U $50	Dresdner Kleinwort Wass.
	Mattel (MAT)	(initiated)	Buy	U $22	Credit Suisse First Boston
	Morgan Stanley Dean Witter (MWD)	(reiterated)	Buy	n/a	CIBC World Markets
	Tommy Hilfiger (TOM)	(reiterated)	Strong buy	n/a	Prudential