The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Guests are seen during the Magna International annual general meeting in Toronto on Thursday, May 10, 2012.
Guests are seen during the Magna International annual general meeting in Toronto on Thursday, May 10, 2012.
(Aaron Vincent Elkaim/THE CANADIAN PRESS)

Tuesday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Magna International Inc.'s fourth-quarter profit blew past Street expectations and analysts are responding today by jacking up their price targets, although with some caution given that the stock is already trading at a pretty rich valuation.