Upgrades, Downgrades and Target Changes - Mar 6 2012

Company	Ticker	Rating/Target Change
Aecon Group	ARE	raises to strong buy from outperform	Raymond James
Aurico Gold	AUQ	cuts target price to C$12.75 from C$14; rating outperform	Macquarie
Contrans	CSS	raises price target to C$10 from C$9.50	CIBC
Foraco International	FAR	raises price target to C$6 from C$5.50	RBC
HOMEQ Corp	HEQ	raises price target to C$9 from C$8; rating outperform	RBC
Levon Resources	LVN	starts with speculative buy; target of C$2.15	Canaccord Genuity
Nuvista Energy	NVA	cuts price target to C$6 from C$6.50; rating sector perform	RBC
	NVA	ups price target to C$7.75 from C$6.75	Canaccord Genuity
Petrominerales		raises price target to C$25 from C$24	CIBC
Pacific Rubiales Energy	PMG	raises price target to C$32.50 from C$30.75	CIBC
Primaris Retail	PMZ.UN	raises price target to C$23.75 from C$22.75	CIBC
Secure Energy Services	SES	cuts to market perform from outperform	Raymond James
Trilogy Energy	TET	cuts price target to C$39 from C$41; rating buy	TD Securities
Tourmaline Oil	TOU	cuts price target to C$33 from C$34; rating buy	TD Securities
Tahoe Resources	THO	raises price target to C$28 from C$25.50; rating outperform	BMO
Vero Energy	VRO	raises target price to C$4.60 from C$4; rating outperform	Macquarie
Vermilion Energy	VET	raises price target to C$54 from C$52; rating outperform	BMO
	VET	raises price target to C$55 from C$53; rating buy	TD Securities
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