
Key Calls (Friday): Upgrades, Downgrades & Initiations
Via Bloomberg
Cervus Equipment (CERV CN) raised to outperform at CIBC, PT C$17
GM (GM) raised to overweight at Barclays, PT $55
Genesis Energy (GEL) raised to equal-weight at Barclays, PT $27
Saratoga Investment (SAR) raised to buy at Compass Point, PT $23
TFI International (TFII CN) raised to outperform at RBC, PT C$37
ARC Resources (ARX CN) cut to sector perform at National Bank, PT C$17.50
AcelRx (ACRX) cut to hold at Jefferies, PT $2.25
Blue Capital (BCRH) cut to underperform a