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The Investors Centre - Upgrades/Downgrades Upgrade Upgrade Downgrade Downgrade No change No change Initiated Initiated Not available Not available
Report date: February 9, 2001 Check out all the Upgrades/Downgrades for February

Move
Name
Previous
Recommendation
Target
Who
Upgrade
Agnico Eagle (AGE:TSE) Hold Buy C $11 Scotia Capital
Upgrade
CDI Education (EDU:TSE) Hold Buy C $11 CIBC World Markets
Upgrade
Cedara Software (CDE:TSE) Hold Buy C $3.50 CIBC World Markets
Downgrade
Encal Energy (ENL:TSE) Strong buy Neutral C $14 RBC Dominion Securities
Downgrade
------------- Outperform Underperform C $12 BMO Nesbitt Burns
Not available
Manulife Financial Corp. (MFC:TSE) n/a Buy C $50 Scotia Capital
Downgrade
QLT (QLT:TSE) Strong buy Buy n/a Deutsche Banc Alex Brown
Downgrade
----- Buy Market Perform n/a Adams Harkness
No change
----- (reiterated) Strong buy n/a CIBC World Markets
Upgrade
Sierra Software (SSG:TSE) Hold Buy C $9.50 CIBC World Markets
Not available
Sierra Wireless (SW:TSE) n/a Strong buy C $130 Scotia Capital
No change
TransAlta Corporation (TA:TSE) (maintained) Buy C $25 Scotia Capital
Upgrade
West Fraser Timber (WFT:TSE) Market perform Buy C $35 Raymond James
 
US Focus
Move
Name
Previous
Recommendation
Target
Who
Upgrade
Krispy Kreme (KREM) Buy Aggressive Strong buy aggressive n/a Dain Rauscher Wessels
Upgrade
The Gap (GPS) Buy Strong buy n/a Banc of America Sec
Upgrade
-------- Accumulate Strong buy n/a Prudential
Last updated February 9, 2001 @6:10PM EST
The Financial Ad Trader
The Financial Ad Trader

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