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The Investors Centre - Upgrades / Downgrades
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Previous Upgrades/Dowgrades:

Report date: June 11, 2001
  Canadian Focus (Go to US Focus)
Other Reports:

June Upgrades / Downgrades

Insiders Report

TSE Shorts Report

Earnings Watch

Move
Name
Previous
Recommendation
Target
Who
Downgrade Celestica (CLS:TSE) Near term buy Near term neutral n/a Merrill Lynch
Downgrade C-Mac Industries (CMS:TSE) Near term buy Near term neutral n/a Merrill Lynch
No change Four Seasons Hotels (FSH:TSE) (reiterated) Hold n/a CIBC World Markets
Downgrade Nova Chemicals (NCX:TSE) Outperform Neutral n/a Salomon Smith Barney
Upgrades / Downgrades Legend

  US Focus (Go to Canadian Focus)

Move
Name
Previous
Recommendation
Target
Who
Upgrade Ford Motor (F) Neutral Buy U $36 Salomon Smith Barney
No change General Motors (GM) (reiterated) Add U $75 Dresdner Kleinwort Wass.
Initiated Kraft Foods (KFT) (initiated) Market perform n/a Banc of America Securities
Initiated Macromedia (MACR) (initiated) Neutral n/a Morgan Stanley
No change Nextel Communications (NXTL) (reiterated) Strong buy n/a Legg Mason
No change RealNetworks (RNWK) (reiterated) Buy n/a Pacific Crest

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