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File photo of shoppers making their way through the Sears store at the Eaton Centre in downtown Toronto on Monday, January 13, 2014.
File photo of shoppers making their way through the Sears store at the Eaton Centre in downtown Toronto on Monday, January 13, 2014.
(Frank Gunn/THE CANADIAN PRESS)

Thursday’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.

Desjardins Capital Markets analyst Keith Howlett expects the majority shareholder of Sears Canada to determine its future with the troubled retailer within the next six months. 

Sears Canada reported operating earnings before interest, taxes, debt and amortization of negative $16-million in the second quarter, its ninth loss in 14 quarters as sales continued to decline.