Upgrades, Downgrades and Target Changes - May 16 2012

Company	Ticker	Rating/Target Change
Alterra Power	AXY	Canaccord Genuity cuts target price to C$0.85 from C$1.10
Aston Hill Financial	AHF	Canaccord Genuity cuts price target to C$2 from C$2.35
Bank of Montreal	BMO	Canaccord Genuity cuts price target to C$65 from C$67
Bank of Nova Scotia	BNS	Canaccord Genuity cuts price target to C$58 from C$59
Bird Construction	BDT	Canaccord Genuity raises price target to C$17 from C$16.50
Canaco Resources	CAN	Canaccord Genuity cuts target price to C$0.65 from C$3.25
CIBC	CM	Canaccord Genuity cuts price target to C$84 from C$86; rating hold
Cominar REIT	CUF.UN	Macquarie raises target price to C$25.50 from C$24.50
Cominar REIT	CUF.UN	Canaccord Genuity raises target price to C$26 from C$25.25
Cominar REIT	CUF.UN	RBC raises price target to C$25 from C$24.50;rating sectorperform
Fortress Paper	FTP	Canaccord Genuity cuts target price to C$42 from C$50; rating buy
FP Newspapers	FP	NBF cuts price target to C$4.25 from C$5
Hana Mining Ltd	HMG	Macquarie cuts to neutral from outperform
Hana Mining Ltd	HMG	Macquarie cuts price target to C$1 from C$3
H&R REIT	HR.UN	RBC raises price target to C$26.50 from C$25.50; rating outperform
International Tower Hill Mines	ITH	Canaccord cuts to hold from speculative buy
International Tower Hill Mines	ITH	Canaccord cuts price target to C$3.40 from C$9.90
International Tower Hill Mines	ITH	Macquarie cuts price target to C$5 from C$7
Medical Facilities	DR	Canaccord Genuity raises price target to C$14 from C$13.50
National Bank of Canada	NA	Canaccord Genuity cuts price target to C$85 from C$87
Pinecrest Energy	PRY	Canaccord Genuity cuts target price to C$5.25 from C$5.65
Power Corp of Canada	POW	Barclays cuts price target to C$26 from C$27
Power Financial	PWF	Barclays cuts price target to C$29 from C$30
RBC	RY	Canaccord Genuity cuts price target to C$65 from C$66; rating buy
Ridgeline Energy	RLE	NBF cuts price target to C$1.40 from C$1.60
Seabridge Gold	SEA	Nomura cuts price target to $24.45 from $31.80; rating buy
Talison Lithium	TLH	Dahlman Rose starts with a buy rating
TD Bank	TD	Canaccord Genuity cuts price target to C$95 from C$97
Vecima	VCM	National Bank Financial raises to sector perform from underperform ; raises price target to C$4.50 from C$3
More information needed? Please Search it...