CANADA RESEARCH ROUNDUP-First Quantum Minerals, Lundin Mining, Sandstorm Gold

April 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including First Quantum Minerals, Lundin Mining and Sandstorm Gold on Wednesday. HIGHLIGHTS Canadian Natural Resources (CNQ.TO) : Raymond James ups to outperform from market perform First Quantum Minerals Ltd (FM.TO) : Morgan Stanley cuts PT to C$19.4 from C$19.7 Lundin Mining Corp (LUN.TO) : Morgan Stanley cuts target price to C$12 from C$14.80 Sandstorm Gold Ltd (SSL.TO) : Canaccord Genuity raises PT to C$12.75 from C$12.25 Snowline Gold Corp (SGD.V) : BMO resumes coverage with outperform rating Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. Advantage Energy Ltd (AAV.TO) : Raymond James cuts target price to C$11 from C$12 Air Canada (AC.TO) : Scotiabank cuts target price to C$21 from C$25 Algoma Steel Group Inc (ASTL.TO) : BMO cuts target price to C$12 from C$14 ARC Resources Ltd (ARX.TO) : Raymond James cuts target price to C$32 from C$33 Baytex Energy Corp (BTE.TO) : Raymond James cuts target price to C$4 from C$5 BCE Inc (BCE.TO) : RBC cuts target price to C$37 from C$39 Canadian Natural Resources (CNQ.TO) : Raymond James cuts target price to C$49 from C$52 Canadian Natural Resources (CNQ.TO) : Raymond James ups to outperform from market perform Canadian Natural Resources (CNQ.TO) : Wells Fargo cuts target price to C$40 from C$44 Cogeco Communications Inc (CCA.TO) : RBC raises target price to C$78 from C$77 Firan Technology Group (FTG.TO) : Raymond James initiates coverage with PT C$10 Firan Technology Group (FTG.TO) : Raymond James initiates coverage with outperform rating First Quantum Minerals Ltd (FM.TO) : Morgan Stanley cuts PT to C$19.4 from C$19.7 Freehold Royalties Ltd (FRU.TO) : Raymond James cuts target price to C$14 from C$16 Imperial Oil (IMO.TO) : Raymond James cuts target price to C$104 from C$108 Imperial Oil (IMO.TO) : Raymond James raises to outperform from market perform Lundin Mining Corp (LUN.TO) : Morgan Stanley cuts target price to C$12 from C$14.80 Nuvista Energy Ltd (NVA.TO) : Raymond James cuts target price to C$17 from C$18 Obsidian Energy Ltd (OBE.TO) : Raymond James cuts target price to C$10 from C$14 Obsidian Energy Ltd (OBE.TO) : Raymond James cuts to market perform from strong buy Precision Drilling Corp (PD.TO) : Raymond James cuts target price to C$124 from C$141 Precision Drilling Corp (PD.TO) : Raymond James cuts to outperform from strong buy Quebecor Inc (QBRb.TO) : RBC raises target price to C$41 from C$38 Rogers Communications Inc (RCIb.TO) : RBC cuts target price to C$54 from C$57 Sandstorm Gold Ltd (SSL.TO) : Canaccord Genuity raises PT to C$12.75 from C$12.25 Snowline Gold Corp (SGD.V) : BMO resumes coverage with target price C$17.5 Snowline Gold Corp (SGD.V) : BMO resumes coverage with outperform rating Step Energy Services Ltd (STEP.TO) : Raymond James cuts target price to C$5 from C$5.5 Step Energy Services Ltd (STEP.TO) : Raymond James cuts to market perform from outperform Surge Energy Inc (Alberta) (SGY.TO) : Raymond James cuts target price to C$6 from C$8.5 Surge Energy Inc (Alberta) (SGY.TO) : Raymond James cuts to market perform from outperform Telus Corp (T.TO) : RBC cuts target price to C$24 from C$25 Verticalscope Holdings Inc (FORA.TO) : Raymond James cuts PT to C$9 from C$14.5