Rogers Communications Inc. (TSX: RCI.B) (NYSE: RCI) shares were downgraded to "Sector Performer" from "Sector Outperformer" by CIBC World Markets Inc. due solely to valuation. "With shares up 32 percent over the past year, it is getting increasingly difficult to see significant further price appreciation at current levels," the brokerage wrote.   read on...

Bauer Performance Sports Ltd. (TSE: BAU) shares were downgraded to "Sector Performer" from "Sector Outperformer" by CIBC World Markets Inc. Though Bauer remains a clear leader in its industry with nice growth potential in segments outside of ice hockey, near-term upside appears limited as it works through a challenging time in the industry, the brokerage wrote.   read on...

CGI Group Inc. (NYSE: GIB) (TSE: GIB.A) shares were upgraded to "Outperform" from "Sector Perform" and price target raised to C$33 from C$28 by RBC Capital analyst Paul Treiber. The analyst sees better visibility to Logica margin expansion, as restructuring is progressing more quickly than he expected.   read on...

Power Financial Corp. (TSE: PWF) shares were upgraded to "Sector Outperformer" from "Sector Performer" and price target raised to $32.50 from $31.00 by CIBC World Markets Inc. The brokerage said the upgrade is based on positive implications from the Irish Life transaction and an abnormally wide NAV discount.   read on...

CIBC World Markets analyst Ian Macqueen upgraded rating of Canacol Energy Ltd. (TSE: CNE) to "Sector   read on...

Norbord Inc. (TSE: NBD) shares were initiated with a "Sector Outperformer" rating and price target of   read on...

CIBC World Markets analyst Mark Kennedy initiated coverage of Ainsworth Lumber Co. Ltd. (TSE: ANS) with a   read on...

CIBC World Markets analyst Andrew Potter downgraded rating of Canadian Natural Resource Ltd. (NYSE: CNQ)   read on...