Upgrades, Downgrades and Target Changes - May 29 2012

Company	Ticker	Rating/Target Change
Africa Oil Corp		Canaccord Genuity starts with speculative buy
Arcan Resources		BMO cuts target to C$3.50 from C$4.50, rating market perform
Arcan Resources		PI Financial cuts price target to C$5 from C$10; rating buy
Bankers Petroleum		Canaccord Genuity starts with buy; C$5 target price
Bear Creek Mining		Haywood cuts price target to C$5.85, rating sector outperform
Black Iron		Macquarie cuts target price to C$0.50 from C$0.65
Charger Energy		National Bank Financial cuts price target to C$1.50 from C$1.75
Charger Energy		Paradigm Capital starts with buy; C$2 target price
Coastal Energy		Canaccord Genuity starts with buy recommendation
Leisureworld Senior Care		CIBC raises price target to C$12.50 from C$12.25
Leisureworld Senior Care		Canaccord Genuity raises target to C$13.50 from C$13.25
Macarthur Minerals		Macquarie cuts target price to C$1.50 from C$3
Niko Resources		Canaccord Genuity starts with hold; C$50 target price
Oceanic Iron Ore		Macquarie cuts target price to C$0.65 from C$0.80
Parex Resources		CIBC raises to sector outperformer from sector performer
Probe Mines Ltd		Stonecap initiates coverage of with outperform rating
Raging River Exploration		Dundee cuts price target to C$3 from C$3.15
Research In Motion		Macquarie cuts price target to $14.50 from $17.50 and expects further cost realignment apart from the job-cuts announced by RIM
More information needed? Please Search it...