Upgrades, Downgrades and Target Changes - Jul 31 2012

Company	Rating/Target Change
20-20 Technologies	NBF cuts price target to C$4 from C$5
20-20 Technologies	BMO cuts target to C$4 from C$4.50;rating market perform
Atna Resources	Canaccord removes from CG focus list; rating speculative buy
Baja Mining	Raymond James cuts target to C$0.10 from C$0.25;rating market perform
First National Financial	NBF raises target to C$19 from C$18; sector perform
First National Financial	TD Securities raises to buy from hold ,TD Securities raises price target to C$19.50 from C$17.50
Grea Basin Gold	RB cut arget to C$0.94 from C$1.10;rating sector perform
Inmet Mining	RBC cuts price target to C$65 from C$67; rating outperform
Merus Labs	Canaccord Genuity starts with buy recommendation, C$2.90 target price
Painted Pony	RBC raises price target to C$13 from C$11;rating outperform
Progress Energy	CIBC raises target to C$22 from C$20.45; rating sector performer
Russel Metals	BMO cuts price target to C$27 from C$28; rating marketperform
Sandstorm Gold	Canaccord ups target to C$12 from C$11.50; rating speculative buy
Tembec	BMO cuts price target to C$2.20 from C$2.40; rating underperform
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Upgrades, Downgrades and Target Changes - Jul 30 2012

Company	Rating/Target Change
Alaris Royalty	Canaccord raises price target to C$25.75 from C$23.75; rating buy
Alaris Royalty	Acumen Capital raises price target to C$24 from C$22.70
Anatolia Energy Corp	Mackie Research starts with speculative buy rating
ARC Resources Ltd	TD Securities cuts to hold from buy
Atco Ltd	TD Securities revises rating to buy from action list buy
Avigilon Corp	Versant Partners starts with buy rating and price target of C$8.75
Baja Mining	Raymond James Cuts target to C$0.10 from C$0.25;rating marketperform
Barrick Gold	Credit Suisse cuts target to $46 from $55;rating outperform
Barrick Gold	CIBC cuts target to $57 from $63; rating sector performer
Bowood Energy Inc	NBF starts with outperform; price target C$0.13
Canadian Oil Sands Ltd	Canaccord cuts price target by C$1 to C$23; rating hold
Canadian Oil Sands Ltd	TD Securities cuts to hold from buy
Canfor	CIBC raises price target to C$16.50 from C$14; rating sector outperformer
Capital Power	RBC cuts price target to C$23 from C$25, rating sector perform
Capital Power	TD Securities cuts price target to C$26 from C$27; rating buy
Capital Power	BMO cuts price target to C$25.50 from C$26; rating outperform
Celestica	CIBC cuts target to $11 from $12; rating sector outperformer
Celestica	Canaccord cuts target to $9.50 from $10.25; rating buy
Celestica	Paradigm cuts target price to $9.50 from $10, rating buy
Domtar Corp	Citigroup cuts price target to $81 from $85; rating neutral
Domtar Corp	JP Morgan raises to overweight from neutral rating
Domtar Corp	BMO cuts price target to $115 from $130; rating outperform
Domtar Corp	TD Securities cuts price target to $95 from $100; rating buy
Eldorado Gold Corp	TD Securities cuts price target to C$18 from C$19
Eldorado Gold Corp	Canaccord raises target to $17.50 from $17; rating buy
Eldorado Gold Corp	CIBC cuts target to $18 from $20; rating sector performer
Eldorado Gold Corp	RBC cuts price target to $16 from $18; rating outperform
Fairfax Financial	CIBC cuts target to C$400 from C$425; rating sector performer
George Weston	Barclays cuts price target to C$60 from C$62; rating equal weight
Glentel Inc	Canaccord Genuity cuts price target to C$15 from C$17; rating buy
Intrepid Mines Ltd	Canaccord Genuity cuts to hold from speculative buy ;Canaccord Genuity cuts target price to C$0.25 from C$1.80
Meg Energy	Barclays raises price target to C$49 from C$47; rating overweight
Mega Brands	BMO raises price target to C$8 from C$7; rating market perform
Merus Labs International	Paradigm Capital cuts price target to $3 from $3.75
Newalta	RBC cuts price target to C$16 from C$17, rating outperform
Newmont Mining	TD Securities cuts price target to $53 from $60; rating hold
Newmont Mining	Mackie Research cuts to hold from buy
PetroNova Inc	Raymond James raises price target to C$1.20 from C$1.10
Progress Energy Resources	Raymond James raises target to C$22 from C$20.45
Progress Energy Resources	NBF raises target to C$22 from C$20.45; recommendation tender
TransCanada	NBF cuts price target to C$42.50 from C$43; rating underperform
TransCanada	TD Securities raises price target to C$46 from C$45; rating hold
TransForce	CIBC raises target to C$23 from C$22; rating sector outperformer
TransForce	Laurentian Bank raises target price to C$23 from C$22; rating buy
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Upgrades, Downgrades and Target Changes - Jul 27 2012

Company	Rating/Target Change
Agnico Eagle Mines	Salman Partners raises to buy from hold
Agnico Eagle Mines	Raymond James raises price target to $50 from $45.50
Agnico Eagle Mines	UBS raises price target to $44 from $42
Alamos Gold	CIBC cuts price target to C$21 from C$23; rating sector performer
Alamos Gold	Canaccord Genuity cuts target price to C$23 from C$25; rating buy
Altagas	NBF cuts price target to C$34 from C$35; rating outperform
Barrick Gold	RBC cuts price target to $44 from $56; rating sectorperform
Barrick Gold	UBS cuts price target to $46 from $55; rating buy
Barrick Gold	Jefferries cuts price target to $43 from $53; rating buy
Barrick Gold	Canaccord Genuity cuts target price to $38.50 from $43; rating hold
Barrick Gold	TD Securities cuts price target to $42 from $53; rating buy
Barrick Gold	BMO cuts price target to $44 from $55; rating outperform
Barrick Gold	Mackie Research cuts price target to C$45.50 from C$47.50
Canfor Pulp Products	CIBC cuts price target to C$10.50 from C$15
Canfor Pulp Products	TD Securities cuts pric target to C$11.50 from C$12.50
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Upgrades, Downgrades and Target Changes - Jul 26 2012

Company	Rating/Target Change
Agnico-Eagle Mines Ltd.	TD raises target to US$45 from US$42.
Alliance Grain Traders	Canaccord Genuity raises target to C$17.50 from C$13.50
Canadian National Railway	CIBC raises price target to C$93 from C$92
Canadian National Railway	National Bank Financial ups target to $88
Canadian National Railway	TD raises price target to $100 from $95
Canadian National Railway	Jefferies raises price target to $72 from $69
Canadian Pacific Railway Ltd	CIBC raises price target to C$82 from C$80
Canadian Pacific Railway Ltd	TD raises price target to $83 from $78
Canadian Pacific Railway Ltd	National Bank Financial ups target to $81
Cenovus Energy	CIBC cuts target to C$40 from C$41; rating sector outperformer
Centerra Gold	HSBC cuts price target to C$12.70 from C$16.20; rating overweight
CGI Group	Canaccord Genuity raises price target to C$25 from C$23;rating hold
Genworth MI Canada Inc	CIBC cuts price target to C$30.75 from C$33.75
IGM Financial Inc	National Bank Financial cuts to sector perform from outperform
Loblaw Companies Ltd	National Bank Financial cuts price target to c$37 from C$39
Loblaw Companies Ltd	CIBC cuts target to C$38 from C$39; rating sector performer
Loblaw Companies Ltd	TD cuts price target to $35 from $36
Sherritt International	CIBC cuts price target to C$6.50 from C$7.70
Suncor	TD raises graget price to $39 from $37
Teck Resources	CIBC cuts target to C$52 from C$58; rating sector outperformer
Teck Resources	RBC cuts price target to C$41 from C$45; rating outperform
Teck Resources	Canaccord Genuity cuts to target price to C$39 from C$46
Tech Rresources	TD lowers target price to $46 from $50
Transalta	Canaccord Genuity cuts price target to C$18, rating buy
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Upgrades, Downgrades and Target Changes - Jul 25 2012

Company	Rating/Target Change
Amaya Gaming	Canaccord Genuity ups target to C$6 from C$5.50,rating speculative buy
Augusta Resource	NBF raises price target to C$5.50 from C$5.10,rating outperform
Augusta Resource	Canaccord Genuity ups target to C$5.50 from C$4.80,rating speculative buy
Brookfield Canada	CIBC ups target to C$30.50 from C$29,rating sector performer
CIC Energy Corp	Salman Partners cuts to hold from speculative buy
Power Corp	Barclays cuts price target to C$25 from C$26; rating equal weight
Power Financial	Barclays cuts price target to C$28 from C$29; rating equal weight
Ridgeline Energy	National Bank Financial cuts to sector perform from outperform
Rogers Communications	Canaccord Genuity raise pric arge o C$39 from C$37, ratin hold
Rogers Communications	BC lifts price targe to C$43 from C$42,rating outperform
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Upgrades, Downgrades and Target Changes - Jul 24 2012

Company	Rating/Target Change
Altagas	CIBC cuts target price to C$35 from C$36
Capital Power	Canaccord Genuity cuts target price to C$28 from C$30, rating buy
Churchill Corp	Canaccord Genuity cuts to hold from buy
Churchill Corp	CIBC cuts target price to C$12 from C$15
Churchill Corp	RBC cuts price target to C$13 from C$17; rating outperform
Churchill Corp	Paradigm Capital cuts target to C$14.50 from C$17.50; rating buy
Hanfeng Evergreen	Canaccord cuts target to C$1.85 from C$2.15, rating sell
Churchill Corp	TD cuts target: to C$11.50 from C$15.50
Magna International	Canaccord cuts target to $53 from $66; rating buy
Martinrea International	Canaccord cuts target to C$12.50 from C$16; rating buy
Merus Labs	Paradigm raises price target to C$3.75 from C$2.75; rating buy
New Millennium Iron	Raymond James cuts target to C$3 from C$3.50; outperform
Nexen Inc	Canaccord Genuity cuts to sell from buy
Nexen Inc	National Bank Financial raises price target to C$27.50 from C$22
Nexen Inc	CIBC cuts to sector underperformer from sector outperformer
Nexen	TD raises Target to: C$27.50 from C$22.00
Orvana Minerals Corp	Raymond James raises to outperform from market perform
Power Corporation of Canada	CIBC cuts target price to C$27.50 from C$28.50
Power Financial Corp	CIBC cuts target price to C$29.50 from C$30.50
Sprott Power	National Bank Financial starts with outperform, price target C$1.25
Talisman Energy	Canaccord Genuity raises to buy from hold
Tembec	Canaccord Genuity cuts price target to C$4 from C$4.50,rating buy
TransAlta Corp	Canaccord Genuity cuts target price to C$21 from C$22
TransAlta Corp	CIBC cuts target price to C$16 from C$17.50
TransAlta Corp	NBF cuts target to C$15.50 from C$16.50, rating underperform
TransAlta Corp	TD lowers target by $1.00 to $16.50 and maintaining our HOLD recommendation.
TransCanada Corp	CIBC cuts target price to C$44.50 from C$45
Yellow Media	Desjardins raises to hold from sell; Desjardins raises price target to C$0.11 from C$0.01
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Upgrades, Downgrades and Target Changes - Jul 23 2012

Company	Rating/Target Change
Agrium	Citigroup raises target price to $100 from $95, rating neutral
FirstService	CIBC cuts target to C$34.50 from C$37, ratingsector outperformer
IGM Financial	Canaccord Genuity cuts price target to C$43 from C$44, rating hold
Karnalyte Resources Inc	Mackie Research raises target price to C$7 from C$6.50
Loblaw Companies	Barclays cuts price target to C$33 from C$35, rating equal weight
MDA	BMO raises price target to C$65 from C$60; rating outperform
Opmedic Group	National Bank Financial starts with outperform
Orvana Minerals Corp	Stonecap raises price target to C$2.10 from C$2
West Fraser Timber	CIBC raises target to C$65 from C$56; sector outperformer
West Fraser Timber	TD Securities cuts to hold from buy
West Fraser Timber	BMO raises price target to C$60 from C$55; rating outperform
Westjet Airlines Ltd	Dahlman Rose raise to buy from hold
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Upgrades, Downgrades and Target Changes - Jul 20 2012

Company	Rating/Target Change
Algonquin Power	Canaccord Genuity ups target to C$7.75 from C$7.50; rating buy
Antrim Energy	Salman Partners raises to speculative buy ;Salman Partners raises price target by C$0.10 toC$1.10
Brookfield Renewable	Canaccord Genuity ups target to C$30 from C$28; rating hold
Canadian Utilities	Canaccord Genuity raises price target to C$75 from C$70
Cervus	NBF raises price target to C$20.50 from C$20; rating sector perform
CGI Group	SocGen cuts to hold from buy;SocGen cuts target price to C$24 from C$26
CI Financial	CIBC cuts target to C$20.50 from C$21; rating sector underperformer
Emera	Canaccord Genuity raises price target to C$36 from C$34; rating hold
Enbridge	Canaccord Genuity raises price target to C$45 from C$43; rating buy
Enbridge Income	Canaccord Genuity ups target to C$23 from C$22; rating hold
Fortis	Canaccord Genuity raises price target to C$34 from C$33; rating hold
IGM Financial	CIBC cuts price target to C$45 from C$47; rating sector performer
Inte Pipeline	Canaccord Genuity ups target to C$21 from C$20 rating buy
Kirkland Lake	CIBC cuts target to C$18 from C$20;rating sector outperformer
Karnalyte	Canaccord Genuity cuts target to C$14 from C$18;rating speculative buy
Nexen	Canaccord Genuity cuts price target by C$1 to C$23; rating buy
Nexen	CIBC cuts price target to C$20 from C$21; rating sector outperformer
Northland Power	Canaccord Genuity raises target to C$20 from C$19; rating buy
Russel Metals	CIBC raises to sector performer from sector underperformer
Shoppers Drug Mart	Barclays raises target to C$44 from C$42; rating equal weight
TransCanada	Canaccord Genuity raises price target to C$45 from C$44; rating hold
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Upgrades, Downgrades and Target Changes - Jul 19 2012

Company	Rating/Target Change
Aastra Technologies Ltd	Salman Partners cuts target to C$18.50 from C$20.35
Agrium Inc	Canaccord Genuity raises price target to $106 from $101; rating buy
Agrium Inc	CIBC raises price target to $122 from $103; rating sector outperformer
Agrium Inc	UBS raises price target to $108 from $100; rating buy
Augusta Resource Corp	Dundee starts with neutral; price target C$2.50
Canadian Oil Sands	Northland Capital starts with sector outperform
Candente Copper Corp	Dundee resumes coverage with buy; price target C$0.90
Cardero Resource Corp	Dundee starts with buy; price target C$1.70
Cline Mining Corp	Dundee starts with buy; price target C$0.90
Coalspur Mines Ltd	Dundee starts with buy; price target C$1.50
Cogeco	TD Securities cuts price target to C$49 from C$59; rating buy
Cogeco Cable	Macquarie cuts price target by C$8 to C$47; rating outperform
Cogeco Cable	Canaccord Genuity cuts price target to C$42 from C$55
Cogeco Cable	CIBC cuts price target to C$40 from C$50; rating sectorperformer
Cogeco Cable	National Bank Financial cuts to sector perform from outperform ;National Bank Financial cuts price target to C$40 from C$51
Cogeco Cable	RBC cuts price target to C$43 from C$53
Cogeco Cable	TD Securities cuts price target to C$47 from C$56; rating buy
Cogeco Cable	BMO cuts price target to C$45 from C$50; rating market perform
Cogeco Cable	Desjardins cuts target price to C$42 from C$50, rating hold
Cogeco Cable	UBS cuts to neutral from buy; price target to C$40 from C$52
Colabor	NBF raises price target to C$8 from C$7.50; rating sector perform
Mainstreet Equity	Canaccord Genuity ups target to C$34.50 from C$29; rating buy
Mosaic Co	CIBC cuts price target to $73 from $78; rating sector outperformer
Potash Corp	CIBC cuts to sector performer from sector outperformer ; CIBC cuts price target to $54 from $60
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Upgrades, Downgrades and Target Changes - Jul 18 2012

Company	Rating/Target Change
AG Growth International Inc	CIBC cuts price target to C$35 from C$40
ARC Resources Ltd	Barclays raises price target to C$25 from C$23
Arcan Resources	RBC cuts price target to C$3.50 from C$4
Athabasca Oil Corp	Canaccord Genuity cuts price target to C$17 from C$18
AuRico Gold Inc	Canaccord Genuity cuts to hold from buy
Baytex Energy Corp	Canaccord Genuity cuts price target to C$57 from $60
Baytex Energy Corp	RBC cuts price target to C$54 from C$62
Baytex Energy Corp	Barclays cuts price target to C$51 from C$61
Bellatrix	Canaccord Genuity cuts price target to C$7.25 from C$9
Blackpearl Resources	RBC cuts price target to C$5 from C$5.50
Blackpearl Resources	Canaccord Genuity cuts price target to C$6 from C$6.50
Bonavista Energy	Canaccord Genuity cuts price target to C$20 from C$22
Bonavista Energy	RBC cuts price target to C$21 from C$22
Bonavista Energy	Barclays cuts price target to C$18 from C$20
Canadian Natural	RBC cuts price target to C$40 from C$47; rating outperform
Canadian Oil Sands	RBC cuts price target to C$23 from C$27
Canadian Oil Sands	Canaccord Genuity cuts price target to C$24 from C$25
Celtic	Canaccord Genuity cuts price target to C$29.50 from C$33
Cenovus Energy	RBC cuts price target to C$45 from C$46; rating outperform
Cequence	Canaccord Genuity cuts price target to C$1.85 from C$2.10; rating buy
Connacher Oil and Gas	Canaccord Genuity cuts price target to C$0.50 from C$0.60
Connacher Oil and Gas	RBC cuts price target to C$0.75 from C$1.25
Crescent Point	RBC cuts price target to C$50 from C$56
Crescent Point	Barclays cuts price target to C$46 from C$50
Crescent Point	Canaccord Genuity cuts price target to C$44 from C$48.50
Crew	Canaccord Genuity cuts price target to C$13 from C$16.75; rating buy
Crew	RBC cuts price target to C$7.50 from C$8
Crocotta	Canaccord Genuity cuts price target to C$4.75 from C$5.50
Delphi	Canaccord Genuity cuts price target to C$1.35 from C$1.75
Enerplus	RBC cuts price target to C$18 from C$23; rating sector perform
Enerplus	Barclays raises to equal weight from underweight
Enerplus	Barclays cuts price target to C$15 from C$20
Forbes and Manhattan Coal	Canaccord Genuity cuts target to C$2.40 from C$2.60
Guide Exploration	RBC cuts price target to C$2.25 from C$3
Imperial Oil	RBC cuts price target to C$47 from C$49; rating sector perform
Ithaca Energy	RBC cuts price target to C$3 from C$3.15; rating outperform
Ivanhoe Energy	RBC cuts price target to C$1 from C$1.25
Legacy Oil + Gas	RBC cuts price target to C$11 from C$13
Legacy Oil + Gas	Canaccord Genuity cuts price target to C$11.25 from C$15.25
Longview Oil	RBC cuts price target to C$8.50 from C$12
Lone Pine Resources	RBC cuts price target to C$5 from C$7
Meg Energy	RBC cuts price target to C$54 from C$60
Meg Energy	CIBC raises target to C$50 from C$47; rating sector outperformer
Nuvista	Canaccord Genuity cuts price target to C$3.50 from C$4.50
Parallel Energy	RBC cuts price target to C$7 from C$7.50
Paramount Resources	RBC cuts price target to C$33 from C$35
Parex Resources	RBC cuts price target to C$7.50 from C$8.30; rating outperform
Pacific Rubiales Energy	RBC cuts price target to C$38 from C$39
Paramount	Canaccord Genuity cuts price target to C$32 from C$35
Petrominerales	RBC cuts price target to C$25 from C$28; rating outperform
Pengrowth Energy	RBC cuts price target to C$7 from C$8; rating sector perform
Pengrowth Energy	Barclays cuts price target to C$7 from C$9
Pengrowth Energy	Canaccord Genuity cuts price target to C$8.50 from C$9
Penn West	Canaccord Genuity cuts price target to C$19 from C$22; rating buy
Penn West	Barclays cuts price target to C$14 from C$20
Penn West	RBC cuts to sector perform from outperform
Petrobank	RBC cuts price target to C$19 from C$21
Petrobakken Energy	Barclays cuts price target to C$15 from C$20
Petrobakken Energy	Canaccord Genuity cuts price target to C$20 from C$21.50; rating buy
Petrobakken Energy	RBC cuts price target to C$16 from C$19
Peyto Exploration & Development	Barclays raises price target to C$23 from C$21
Pinecrest	Canaccord Genuity cuts price target to C$4.50 from C$5.25
Raging River	Canaccord Genuity cuts price target to C$2.60 from C$3; rating buy
Suncor Energy	RBC cuts price target to C$43 from C$49; rating outperform
Talisman Energy Inc	RBC cuts to sector perform from outperform
Toromont Industries Ltd	RBC cuts target to C$24 from C$25; rating sector perform
Trilogy Energy	RBC cuts price target to C$32 from C$35
Trilogy Energy	Barclays cuts price target to C$28 from C$34
TriOil	Canaccord Genuity cuts price target to C$5.75 from C$6.75
Twin Butte	Canaccord Genuity cuts price target to C$3 from C$3.30; rating buy
Veresen Inc	CIBC cuts to sector performer from sector outperformer
Vermilion Energy	RBC cuts price target to C$50 from C$53; rating sector perform
Vero Energy	RBC cuts price target to C$3 from C$3.50
WestFire Energy	RBC cuts price target to C$7 from C$8
Whitecap Resources	RBC cuts price target to C$11 from C$13
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Upgrades, Downgrades and Target Changes - Jul 17 2012

Company	Rating/Target Change
Advantage Oil	CIBC cuts price target to C$4 from C$4.25;rating sector performer
AG Growth	National Bank Financial cuts price target to C$32.50 from C$37.50
Alacer Gold Corp	RBC cuts price target to C$12 from C$13; rating outperform
Alacer Gold Corp	Raymond James cuts price target to C$8 from C$10
Anderson Energy	CIBC cuts to sector underperformer from sector performer
Angle Energy	CIBC cuts price target to C$6 from C$8; rating sector outperformer
ARC Resources	CIBC cuts target to C$23.50 from C$25.50; rating sector performer
Arcan Resources	CIBC cuts price target to C$2.75 from C$4.75
Athabasca Oil	CIBC cuts price target to C$17 from C$19;rating sector outperformer
Baytex Energy	CIBC cuts price target to C$46 from C$62
Bellatrix	CIBC cuts price target to C$5.50 from C$6.75;rating sector outperformer
Birchcliff	CIBC cuts price target to C$8 from C$8.25; rating sector performer
Blackpearl Resources Inc	RBC raises to outperform from sector perform
Bonavista	CIBC cuts price target to C$22 from C$27; rating sector outperformer
Bonterra Energy	CIBC cuts to sector performer from sector outperformer ;CIBC cuts price target to C$49 from C$59
C&C Energia	CIBC cuts price target to C$10 from C$11.50
Canadian Natural	CIBC cuts target to C$34 from C$43; rating sector outperformer
Canadian Oil	CIBC cuts target to C$18 from C$24; rating sector underperformer
Celtic	CIBC cuts price target to C$20.50 from C$21.50;rating sector outperformer
Cenovus	CIBC cuts price target to C$41 from C$44; rating sector outperformer
Coastal Energy	CIBC cuts target to C$21.50 from C$23; rating sector outperformer
Cott Corp	Barclays raises price target to $9 from $7; rating equal weight
Crescent Point	CIBC cuts target to C$50 from C$60; rating sector outperformer
Crew Energy	CIBC cuts target to C$9.50 from C$12.50; rating sector outperformer
Eagle Energy	CIBC cuts target to C$12 from C$14.75; rating sector outperformer
Enbridge	Barclays raises price target to C$45 from C$41
Encana Corp	CIBC cuts price target to $23 from $24; rating sector performer
Endeavour	CIBC cuts price target to C$12 from C$13; rating sector performer
Enerplus	CIBC cuts target to C$13.50 from C$16.50; rating sector underperformer
Fairborne	CIBC cuts price target to C$2.25 from C$3.25; rating sector performer
Gran Tierra	CIBC cuts target to C$6.50 from C$7.25; rating sector outperformer
IGM Financial	RBC cuts price target to C$47 from C$48, rating sector perform
Imperial Oil	CIBC cuts target to C$44 from C$47; rating sector underperformer
Legacy Oil	CIBC cuts target to C$9.25 from C$14.50; rating sector outperformer
Longview Oil	CIBC cuts price target to C$9 from C$11.50; rating sector performer
Meg Energy	CIBC cuts price target to C$47 from C$55; rating sector outperformer
Meg Energy Corp	UBS raises price target to C$62 from C$60; rating buy
Nexen	CIBC cuts price target to C$21 from C$25; rating sector outperformer
Nuvista	CIBC cuts price target to C$5.25 from C$6; rating sector outperformer
Pacific Rubiales	CIBC cuts target to C$30 from C$35; rating sector outperformer
Painted Pony	CIBC cuts price target to C$12 from C$13; rating sector outperformer
Parallel	CIBC cuts target to C$6.25 from C$8.50; rating sector outperformer
Paramount	CIBC cuts price target to C$29 from C$31.50; rating sector performer
Pengrowth	CIBC cuts price target to C$7 from C$10; rating sector performer
Penn West	CIBC cuts price target to C$19 from C$27; rating sector outperformer
Petrobakken	CIBC cuts price target to C$18 from C$23; rating sector outperformer
Petrobank	CIBC cuts target to C$19.50 from C$23; rating sector outperformer
Petrominerales	CIBC cuts target to C$19.50 from C$21.75;rating sector performer
Pinecrest Energy	CIBC cuts price target to C$2.75 from C$3.50
Raging River	CIBC cuts price target to C$2.50 from C$3;rating sector outperformer
Rockwell Diamonds	Northland Capital cuts target to C$61 from C$76; rating buy
Suncor Energy	CIBC cuts price target to C$42 from C$43;rating sector outperformer
Surge Energy	CIBC cuts target to C$11.50 from C$13.50;rating sector outperformer
Teck Resources	Dahlman Rose cuts price target to $43 from $52; rating buy
Trilogy Energy	CIBC cuts target to C$34 from C$36; rating sector outperformer
Vermilion Energy	CIBC cuts price target to C$48 from C$54; rating sector performer
Vero Energy	CIBC cuts price target to C$2.50 from C$3.25; rating sector performer
WestFire	CIBC cuts price target to C$5 from C$6.75; rating sector performer
Whitecap	CIBC cuts price target to C$10 from C$11.50; rating sector outperformer
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