CANADIAN ANALYSTS' CALLS 

INITIATIONS

Intact Financial (TSX:IFC). Macquarie starts coverage with an "outperform" and a price target of $111 (Canadian).

**

Acumen Capital has unveiled its "2019 Top Ideas" They are:

Park Lawn (TSX:PLC) “buy” rating and $28 target.
 

People Corp. (TSXV:PEO) “buy” and $8.75 target.
 

Pollard Banknote (TSX:PLB) “buy” and $27.50 target.

Sangoma Technologies (TSXV:STC) “buy”and $2.30 target.
 

Questor Technology (TSXV:QST) “buy” and $5.35 target.

**

Canopy Growth (TSX:WEED;NYSE:CGC) and Tilray (NASDAQ:TLRY) each have about 30% upside, according to a Piper Jaffray analyst quoted in Barron's.

Difference Capital (TSX:DCF). Mackie Research maintains a "buy" and says the stock could rise another $1.50-$2 a share after private software company Vena, in which DCF has a stake, raised $115 million in venture capital money.

DCF rose 30% on Wednesday and closed at $3.91 but has generally been a poor investment having traded above $13 in 2014.

Superior Plus (TSX:SPB). CIBC upgrades to "outperformer" and keeps the target at $14.50.

Dundee Precious Metals (TSX:DPM). CIBC upgrades to "outperformer" and hikes the target to $6 from $4, saying 2019 is a transformative year for the company.  

Parkland Fuel (TSX:PKI). CIBC moves the target to $46 from 44.50 and maintains "outperformer".

Kirkland Lake Gold (TSX:KL). RBC lifts the target to $40 from $38. 

U.S. ANALYSTS' CALLS 

Constellation Brands (NYSE:STZ). Goldman Sachs upgrades to "buy" and lowers the target to $211 (U.S.) from $243 after the company issued a profit warning in part due to expenses related to its investment in Canopy Growth (TSX:WEED;NYSE:CGC).

Magna Int'l (TSX:MG;NYSE:MGA) TD Securities upgrades to "buy" and moves the target to $60 from $58.

Enbridge (TSX:ENB). Peters & Co. upgrades to "outperform" and lifts the target to $50 from $47. 

Twitter (NASDAQ:TWTR). Bank of America Merrill Lynch upgrades to "buy" and raises the target to $39 from $31. 

Boeing (NYSE:BA). Morgan Stanley upgrades to "overweight", citing the company's resilient EPS and free cash flow.

Nike (NYSE:NKE). Needham upgrades to "buy" its an $85 target. More on NKE below. 

Chipotle Mexican Grill (NYSE:CMG). RBC raises the target to $550 from $510 citing sales momentum and initiatives. 

STOCKS THAT MAY MOVE 

Aritzia (TSX:ATZ) beat analysts estimates with its quarterly earnings, revenue and same-store sales, which rose nearly 13% from last year. 

Ford Motor (NYSE:F) is following GM's lead by slashing thousands of jobs in Europe, exiting unprofitable markets and discontinuing models that are unprofitable. Ford is aiming for a 6% operating margin in Europe.

Tata Motor (NYSE:TTM) says its Jaguar Land Rover unit will cut 4,500 jobs in Britain. 

Target (NYSE:TGT) says same-store sales rose 5.7% in the last two months of 2018, better than expected, and affirmed 2018 will be the fifth straight year in which digital sales rose at least 25%. The company's CFO is stepping down. 

Macy's (NYSE:M) is down 18% pre-market after warning on sales and profit. 

Nike (NYSE:NKE). The European Commission has opened an investigation into the company's tax treatment in the Netherlands saying it might give the shoe and apparel maker an illegal advantage.

Amazon (NASDAQ:AMZN) has struck a couple of deals. It's buying Israeli cloud computing company CloudEndure, and taking as much as a 29% stake in French robotics firm Balyo. 

……………………………….

Get invaluable investment ideas from highly-regarded small cap stock picker and Capital Ideas Media contributor Fabrice Taylor in our...

Exclusive live stream ...Friday, January 11 at 2:30 pm ET.
……………………………

KeyStone Senior analyst Aaron Dunn will be on Money Talks Radio (CKNW 980 AM) with Michael Campbell this Saturday January 12th at 9:00 am PST. 

He will be discussing U.S. investing, Cannabis stocks, and how the recent market volatility is opening up long-term opportunities for investors. Don't miss it! 

The audio will be available on archive Saturday January 12th in the CKNW Audio Vault at: https://moneytalks.net/category/mikes-content/mikes-interview-of-the-week/ 
 

KeyStone Financial
Web: www.keystocks.com