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Brad Shaw, CEO of Shaw Communications, answers questions during a news conference at the Shaw AGM in Calgary, Alberta, January 14, 2014.
Brad Shaw, CEO of Shaw Communications, answers questions during a news conference at the Shaw AGM in Calgary, Alberta, January 14, 2014.
(TODD KOROL/REUTERS)

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.

At least two analysts are warming up to Shaw Communications Inc. after the company reported quarterly financial results Thursday that were largely better than expected.

Canaccord Genuity's Dvai Ghose upgraded his rating to "hold" from "sell" and hiked his price target to $26 (Canadian) from $24. TD Securities analyst Vince Valentini upgraded the stock as well, to "buy" from "hold", and raised his target to $30 from $29.