Upgrades, Downgrades and Target Changes - Mar 1 2012

Company	Ticker	Rating/Target Change
Alaris Royalty	AD	target price to C$21 from C$19.25, rating buy	Canaccord
Atlantic Power	ATP	cuts price target to C$14.50 from C$15; rating sector perform	NBF
CAP REIT	CAR.UN	raises price target to C$24 from C$22, rating sector perform	RBC
International Forest	IFP.A	starts with sector outperformer, price target C$6.50	CIBC
Open Range :	ONR	ups target price to C$2.50 from C$2.20, rating buy	Canaccord Genuity
	ONR	ups target to c$1.75 from c$1.50; rating market perform	Raymond James
Pacific Rubiales	PRE	ups target to C$45 from C$42; rating strong buy	Raymond James
PHX Energy Services	PHX	raises price target to C$12.50 from C$12	CIBC
RIM	RIM	cuts price target to $12 from $15; rating underperform	Jefferies
SNC Lavalin	SNC	cuts to market perform from strong buy	Raymond James
Thompson Creek	TCM	cuts to sector perform from outperform	RBC
Torstar	TS.B	raises price target to C$11 from C$10.50, sector perform rating	NBF
	TS.B	cuts price target to C$12 from C$14	CIBC
	TS.B	cuts target price to C$11.75 from C$12.75, rating buy	Canaccord Genuity
	TS.B	cuts price target to C$15 from C$16, outperform rating	RBC
TransForce Inc	TFI	raises price target to C$22 from C$19.50	CIBC
Trican  Well	TCW	cuts price target to C$26 from C$28; rating outperform	Raymond James
TVA Group	TVA.B	cuts price target to C$12 from C$14	CIBC
Veresen	VSN	raises target price to C$15 from C$14.75, rating hold	Canaccord Genuity
	VSN	raises price target to C$15 from C$14, sector perform rating	RBC
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