Bell
Aliant Regional Communications Income (TSE BA.UN)
serves its customers throughout six Canadian provinces with innovative information and communications technology (ICT) solutions, including telephony, wireless, Internet, data, IT professional services, and value-added solutions. Bell Aliant also provides IT professional services through xwaves offices in Canada, the US and Ireland. Bell Aliant's approximately 10,500 employees build on its 100-plus year history by collaborating to deliver the highest quality of customer service, choice and convenience.
Recent News: Bell
Aliant reports second quarter 2010 results
Jeffrey Fan...... Scotia Capital July 29, 2010
Maintained SECTOR PERFORM
Target reduced to $25.00 from $26.00
BA.UN Price day before:$25.86Finish day posting$25.76Current:$25.76
--------May 05, 2010---------
Upgraded to SECTOR PERFORM from UNDERPERFORM
BA.UN Price day before:$25.19Finish day posting$25.58Current:$25.76
**************
Peter MacDonald GMP July 29, 2010
Maintained REDUCE
Target reduced to $21.50 from $22.00
BA.UN Price day before:$26.03Finish day posting$25.86Current:$25.76
-------July 23, 2010------
Downgraded to REDUCE from HOLD
Target $22.00
BA.UN Price day before:$26.12Finish day posting$26.03Current:$25.76
------May 05, 2010--------
Upgraded to HOLD from REDUCE
Target $22.00
BA.UN Price day before:$25.19Finish day posting$25.58Current:$25.76
-------Feb 04, 2010-------
Downgraded to REDUCE from HOLD
Price Target reduced to $22.00 from $24.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
--------May 07, 2009---------
Price Target reduced to $24.00 from $25.00
BA.UN Price day before:$24.22Finish day posting$24.20Current:$25.76
-------Feb 06, 2008-------
Upgraded to BUY from HOLD
BA.UN Price day before:$27.74Finish day posting$28.07Current:$25.76
------Feb 05, 2007-----
Maintained HOLD
Price Target raised to $27.50 from $25.00 (Target Hit Jan 10, 2008)
BA.UN Price day before:$29.35Finish day posting$29.46Current:$25.76
-----Nov 20, 2006------
Upgraded to HOLD from REDUCE
Price Target $25.00
BA.UN Price day before:$27.63Finish day posting$27.65Current:$25.76
-----Nov 02, 2006------
Maintained REDUCE
Price Target raised to $25.00 from $20.00
BA.UN Price day before:$28.49Finish day posting$26.75Current:$25.76
-----Nov 01, 2006------
Downgraded to REDUCE from BUY
Price Target reduced to $20.00 from $37.00
BA.UN Price day before:$33.98Finish day posting$28.49Current:$25.76
***********
Vince Valentini ......... TD NewCrest July 29, 2010
Maintained HOLD
Target $24.00
BA.UN Price day before:$26.03Finish day posting$25.86Current:$25.76
--------July 23, 2010------
Maintained HOLD
Target $24.00
BA.UN Price day before:$26.12Finish day posting$26.03Current:$25.76
--------Feb 04, 2010------
Maintained HOLD
Target reduced to $24.00 from $28.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
------Nov 12, 2009------
Maintained HOLD
Target reduced to $28.00 from $29.00 (Target Hit Dec 23, 2009)
BA.UN Price day before:$26.69Finish day posting$26.77Current:$25.76
------Aug 26, 2009---------
Downgraded to HOLD from BUY
Target reduced to $29.00 from $30.00
BA.UN Price day before:$27.30Finish day posting$27.26Current:$25.76
--------July 31, 2009--------
Maintained BUY
Target $30.00
BA.UN Price day before:$26.56Finish day posting$26.56Current:$25.76
-----Feb 04, 2009--------
Maintained BUY
Target raised to $30.00 from $29.00C
BA.UN Price day before:$24.65Finish day posting$24.99Current:$25.76
------Jan 13, 2008------
Maintained BUY
Target $29.00C
BA.UN Price day before:$24.00Finish day posting$24.71Current:$25.76
------Oct 30, 2008------
Maintained BUY
Target reduced to $29.00 from $32.00C
BA.UN Price day before:$24.07Finish day posting$24.97Current:$25.76
-----Aug 07, 2008----
Maintained BUY
Target $32.00C
BA.UN Price day before:$27.31Finish day posting$27.36Current:$25.76
------Jan 28, 2008-----
Upgraded to BUY from HOLD
Target $32.00C
BA.UN Price day before:$27.79Finish day posting$27.84Current:$25.76
-----Nov 06, 2007-------
Maintained HOLD
Target $32.00C
BA.UN Price day before:$30.31Finish day posting$30.47Current:$25.76
------July 24, 2007--------
Maintained HOLD
Price Target reduced to $32.00 from $32.50C
BA.UN Price day before:$32.02Finish day posting$31.97Current:$25.76
-----July 03, 2007-----
Maintained HOLD
Price Target $32.50C
BA.UN Price day before:$31.35Finish day posting$31.66Current:$25.76
------Feb 21, 2007------
Maintained HOLD
Price Target reduced to $30.00 from $31.00C
BA.UN Price day before:$29.32Finish day posting$29.65Current:$25.76
-----Jan 29, 2007-------
Downgraded to HOLD from BUY
Price Target $31.00C
BA.UN Price day before:$29.54Finish day posting$29.65Current:$25.76
*************
Dvai Ghose Canaccord/Genuity July 29, 2010
Maintained SELL
Target $24.00
BA.UN Price day before:$26.03Finish day posting$25.86Current:$25.76
-----July 23, 2010----
Maintained SELL
Target $24.00
BA.UN Price day before:$26.03Finish day posting$26.09Current:$25.76
***********
Greg MacDonald ..... National Bank Financial May 05, 2010
Upgraded to OUTPERFORM from SECTOR PERFORM
Target $31.00
BA.UN Price day before:$25.19Finish day posting$25.58Current:$25.76
------Feb 04, 2009-------
Maintained SECTOR PERFORM
Target reduced to $26.00 from $28.00C (Target Hit)
BA.UN Price day before:$24.65Finish day posting$24.99Current:$25.76
-------Nov 02, 2006-----
Downgraded to SECTOR PERFORM from OUTPERFORM
Price Target reduced to $28.00 from $38.00C
BA.UN Price day before:$28.49Finish day posting$26.75Current:$25.76
------July 18, 2006-----
New OUTPERFORM
Price Target $38.00C
BA.UN Price day before:$34.02Finish day posting$34.68Current:$25.76
***********
Jonathan Allan ......... RBC Capital Markets May 05, 2010
Maintained SECTOR PERFORM
Target reduced to $27.00 from $28.00
BA.UN Price day before:$25.19Finish day posting$25.58Current:$25.76
-------Jan 21, 2010----------
Upgraded to OUTPERFORM from SECTOR PERFORM
BA.UN Price day before:$27.60Finish day posting$27.70Current:$25.76
------Aug 12, 2009---------
Downgraded to SECTOR PERFORM from OUTPERFORM
BA.UN Price day before:$26.24Finish day posting$26.50Current:$25.76
---------Jan 10, 2007----------
Downgraded to SECTOR PERFORM from OUTPERFORM
Price Target reduced to $29.00 from $39.00C (Target Hit)
BA.UN Price day before:$28.10Finish day posting$27.96Current:$25.76
*************
Peter Rhamey BMO Capital Markets May 05, 2010
Maintained MARKET PERFORM
Target reduced to $25.00 from $27.00
BA.UN Price day before:$25.19Finish day posting$25.58Current:$25.76
--------Sept 24, 2007--------
Downgraded to MARKET PERFORM from OUTPERFORM
BA.UN Price day before:$32.20.Finish day posting$31.90Current:$25.76
--------Nov 03, 2006------
Upgraded to OUTPERFORM from MARKET PERFORM
BA.UN Price day before:$26.75Finish day posting$27.66Current:$25.76
***********
..... CIBC World Markets .Apr 26, 2010
Maintained SECTOR PERFORM
Target reduced to $27.00 from $28.00
BA.UN Price day before:$26.38Finish day posting$26.26Current:$25.76
-----Feb 04, 2010------
Maintained SECTOR PERFORM
Target $28.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
************
Dvai Ghose .....Genuity Capital Markets Feb 04, 2010
Maintained HOLD
Target reduced to $24.00 from $26.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
------July 31, 2009------
Downgraded to HOLD from BUY
BA.UN Price day before:$26.56Finish day posting$26.56Current:$25.76
--------Feb 04, 2009--------
Target reduced to $26.00 from $27.00C (Target Hit)
BA.UN Price day before:$24.65Finish day posting$24.99Current:$25.76
-----Aug 07, 2008-------
Upgraded to BUY from HOLD
BA.UN Price day before:$27.31Finish day posting$27.36Current:$25.76
-----Nov 10, 2006----
Downgraded to HOLD from BUY
Price Target reduced to $30.00 from $39.00C
BA.UN Price day before:$28.50Finish day posting$28.32Current:$25.76
------July 17, 2006------
New BUY
Price Target $39.00C
BA.UN Price day before:$34.05Finish day posting$34.02Current:$25.76
***********
Phillip Huang..... UBS .Feb 04, 2010
Maintained NEUTRAL
Target $25.50
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
************
Michael Mills..... Beacon Securities .Feb 04, 2010
Maintained HOLD
Target $26.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
************
Joseph MacKay..... Desjardins Securities .Feb 04, 2010
Maintained HOLD
Target reduced to $26.00 from $27.00
BA.UN Price day before:$26.27Finish day posting$25.85Current:$25.76
************
Joseph MacKay..... Desjardins Securities .May 04, 2009
Upgraded to BUY from HOLD
BA.UN Price day before:$23.86Finish day posting$24.09Current:$25.76
-------Feb 13, 2009----
Downgraded to HOLD from BUY
BA.UN Price day before:$26.63Finish day posting$26.04Current:$25.76
------Feb 07, 2008------
Upgraded to BUY from HOLD
Price Target $31.00C
BA.UN Price day before:$28.07Finish day posting$28.04Current:$25.76
-----Apr 11, 2007---
Downgraded to HOLD from BUY
BA.UN Price day before:$31.37Finish day posting$30.78Current:$25.76
-----Oct 27, 2006------
Upgraded to BUY from HOLD
Price Target $37.00C
BA.UN Price day before:$33.98Finish day posting$33.95Current:$25.76
-------July 24, 2006------
New HOLD
Price Target $37.00C
BA.UN Price day before:$35.10Finish day posting$35.22Current:$25.76
***********
John Henderson...... Scotia Capital Mar 03, 2009
Downgraded to UNDERPERFORM from SECTOR PERFORM
Price Target $26.00C
BA.UN Price day before:$25.13Finish day posting$24.10Current:$25.76
------Oct 27, 2008-------
Maintained SECTOR PERFORM
Price Target reduced to $26.00 from $27.00C (Target Hit Nov 07, 2008)
BA.UN Price day before:$23.17Finish day posting$22.64Current:$25.76
------Oct 08, 2008----
Upgraded to SECTOR PERFORM from UNDERPERFORM
Price Target reduced to $27.00 from $28.00C
BA.UN Price day before:$22.22Finish day posting$22.86Current:$25.76
-----July 04, 2007-----
Maintained UNDERPERFORM
Price Target raised to $28.00 from $25.00C (Target Hit Jan 09, 2008)
BA.UN Price day before:$31.66Finish day posting$31.69Current:$25.76
------Feb 01, 2007---------
Maintained UNDERPERFORM
Price Target reduced to $25.00 from $33.00C
BA.UN Price day before:$29.42Finish day posting$29.33Current:$25.76
-----Aug 28, 2006-----
Maintained UNDERPERFORM
Price Target $33.00C (Target Hit Nov 01, 2006)
BA.UN Price day before:$35.37Finish day posting$35.20Current:$25.76
-------Aug 10, 2006-----
Downgraded to UNDERPERFORM from SECTOR PERFORM
BA.UN Price day before:$35.45Finish day posting$35.35Current:$25.76
***********
Jeff Fan .....UBS Oct 30, 2008
Downgraded to NEUTRAL from BUY
Target reduced to $23.00 from $29.00C (Target Hit Nov 20, 2008)
BA.UN Price day before:$24.07Finish day posting$24.97Current:$25.76
-------Aug 07, 2008-------
Upgraded to BUY from NEUTRAL
BA.UN Price day before:$27.31Finish day posting$27.36Current:$25.76
**********
Ian Chong ......... TD NewCrest Nov 21, 2006
Maintained BUY
Price Target $31.00C (Target Hit Apr 05, 2007)
BA.UN Price day before:$27.65Finish day posting$28.01Current:$25.76
------Oct 27, 2006-------
Maintained BUY
Price Target $38.50C
BA.UN Price day before:$33.98Finish day posting$33.95Current:$25.76
------Oct 12, 2006----------
Maintained BUY
Price Target reduced to $38.50 from $39.00C
BA.UN Price day before:$34.10Finish day posting$34.00Current:$25.76
***********
Manolis Liodakis PhD ............Citigroup .Nov 17, 2006
Upgraded to ATTRACTIVE 1 from ATTRACTIVE 6
BA.UN Price day before:$28.00Finish day posting$27.63Current:$25.76
------Nov 03, 2006------
Downgraded to ATTRACTIVE 6 from ATTRACTIVE 4
BA.UN Price day before:$26.75Finish day posting$27.66Current:$25.76
------Oct 16, 2006------
Upgraded to ATTRACTIVE 4 from (UN) ATTRACTIVE 10
BA.UN Price day before:$33.93Finish day posting$33.97Current:$25.76
***********
Vince Valentini ......... TD NewCrest July 19, 2006
New BUY
Price Target $39.00C
BA.UN Price day before:$34.68Finish day posting$35.79Current:$25.76
***********
Bell Aliant Regional Communications Income
Please note we are planning to stop monitoring BA.UN for the "Higher" Lists
commencing Jan 16, 2010. Contact us if you were relying on the information.
Short Positions
Date Outstanding Price Range
Jan 01 to 15, 2010 440,108 $28.40 to $27.66
Dec 16 to 30, 2009 455,033 $28.20 to $27.27
Dec 01 to 15, 2009 456,537 $27.42 to $26.70
Nov 16 to 30, 2009 502,169 $27.45 to $26.50
Nov 01 to 15, 2009 563,054 $27.50 to $26.21
Oct 16 to 30, 2009 662,632 $27.83 to $26.86
Oct 01 to 15, 2009 620,909 $27.94 to $27.21
Sept 16 to 30, 2009 579,806 $27.99 to $26.65
Sept 01 to 15, 2009 491,011 $27.00 to $26.15
Aug 17 to 31, 2009 513,286 $27.57 to $26.65
Aug 04 to 14, 2009 529,829 $27.06 to $26.21
July 16 to 31, 2009 550,239 $26.75 to $26.12
July 02 to 15, 2009 570,948 $26.49 to $25.60
June 16 to 30, 2009 552,945 $26.71 to $25.55
June 01 to 15, 2009 480,326 $26.74 to $24.71
May 19 to 29, 2009 470,637 $25.60 to $24.70
May 01 to 15, 2009 507,538 $24.99 to $23.86
Apr 16 to 30, 2009 495,851 $24.59 to $23.60
Apr 01 to 15, 2009 494,023 $25.05 to $23.88
Mar 16 to 31, 2009 505,004 $25.11 to $24.01
Mar 13, 2009 469,749 $25.49 to $23.01
Feb 28, 2009 460,211 $26.00 to $24.20
Feb 13, 2009 447,180 $26.85 to $23.89
Jan 31, 2009 383,313 $25.37 to $23.01
Jan 15, 2009 401,036 $25.41 to $23.10
Dec 31, 2008 350,097 $23.83 to $21.00
Dec 15, 2008 339,720 $23.92 to $21.48
Nov 28, 2008 320,916 $25.75 to $21.77
Nov 14, 2008 290,470 $26.19 to $24.36
Oct 31, 2008 245,682 $25.29 to $22.00
Oct 15, 2008 367,558 $26.20 to $21.66
Sept 30, 2008 421,290 $27.23 to $24.83