Upgrades, Downgrades and Target Changes - Mar 20 2012

Company	Ticker	Rating/Target Change
Altus Group	AIF	raises to sector outperformer from sector outperformer	CIBC
Cardiome Pharma	COM	cuts to sell from buy	Canaccord Genuity
	COM	cuts to sector perform from outperform	RBC
	COM	cuts price target to C$1.50 from C$6	RBC
	COM	cuts to market perform from outperform	Leerink Swann
Enerplus Corp	ERF	cuts price target to C$28 from C$29, rating sector perform	RBC
Ensign Energy	ESI	cuts price target to C$19 from C$21, rating sector perform	RBC
	ESI	cuts target to C$20.50 from C$21; rating sector outperformer	CIBC
	ESI	cuts target price to C$20 from C$20.50	Canaccord Genuity
	ESI	cuts to hold from buy; cuts target to C$20 from C$23	TD Securities
Fairborne Energy	FEL	cuts price target to C$4 from C$4.50	Raymond James
InnVest REIT	INN.UN	raises target to C$6.00 from C$5.50; rating sector performer	CIBC
North West Company	NWC	raises price target to C$22 from C$21	BMO
Southgobi Resources	SGQ	cuts price target to C$15 from C$18	CIBC
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