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Air Canada planes are pictured at Toronto Pearson International Airport on Sunday, May 18, 2014.
Air Canada planes are pictured at Toronto Pearson International Airport on Sunday, May 18, 2014.
(Matthew Sherwood for The Globe and Mail)

Friday'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.

A number of trends are coming together to make Air Canada "an investment opportunity seldom seen," said RBC Dominion Securities analyst Walter Spracklin today as he significantly raised his price target to $17 (Canadian) from $12.