The Investors Centre - Upgrades / Downgrades

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Report date: June 27, 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 Bombardier (BBD.B:TSE) (reiterated) Buy C $28 Scotia Capital Brookfield Properties (BPO:TSE) Market outperform Recommended list n/a Goldman Sachs Exfo Electro Optical Engineering (EXF:TSE) (reiterated) Neutral n/a Dain Rauscher Wessels ------------------- (reiterated) Neutral n/a CE Unterberg Towbin Molson (MOL.A:TSE) (reiterated) Buy C $55 Scotia Capital TD Bank (TD:TSE) (maintained) Strong buy C $60 Scotia Capital Trizec Hahn (TZH:TSE) Market outperform Recommended list n/a Goldman Sachs ------------ (reiterated) Buy n/a First Union Securities