Upgrades, Downgrades and Target Changes - Jul 03 2012

Company	Rating/Target Change
Africa Oil	RBC starts with outperform rating; price target of C$12
Agrium	NBF raises to sector perform from underperform ;raises price target to $97.50 from $71
Alamos Gold	Raymond James cuts target to C$24.50 from C$25.70; rating outperform
Alaris Royalty	Canaccord Genuity ups target to C$23.75 from C$21.25; rating buy
Alaris Royalty	Acumen Capital ups target to C$22.70 from C$22.20; rating buy
Algonquin Power & Utilities	Canaccord Genuity ups target to C$7.50 from C$7
Algonquin Power & Utilities	RBC ups target to C$7 from C$6.50; rating outperform
Alimentation Couche Tard	RBC ups target to C$46 from C$36;rating sector perform
Argonaut Gold	Stonecap ups target to C$9.50 from C$9.20; rating sector perform
Aurcana	Stonecap raises price target to C$1.30 from C$1.25; rating outperform
Bauer Performance Sports	Paradigm Capital ups target to C$11 from C$10
Brookfield Renewable Energy	Canaccord Genuity ups target to C$28 from C$27
Brookfield Renewable Energy	BMO ups target to C$32 from C$31;rating outperform
Brookfield Renewable Energy	TD Securities ups target to C$28 from C$27
Canadian National Railway	Canaccord Genuity cuts to hold from buy
Domtar Corp	BMO cuts price target to $130 from $140; rating outperform
Esperanza Resources	Stonecap Securities ups target toC$2.30 from C$2.25
Goldgroup Mining	Stonecap ups target to C$1.05 from C$1; rating sector perform
Genivar Inc	Stonecap resumes coverage with sector perform rating
Great Panther Silver	Stonecap cuts target to C$2.30 from C$2.60
Great West Lifeco	Canaccord Genuity cuts target to C$24 from C$25; rating hold
Industrial Alliance Insurance	Canaccord Genuity ups target to C$28.50 from C$27
Manulife Financial	Canaccord Genuity cuts target to C$13.50 from C$15
Open Text	Paradigm raises target price to $76 from $74; rating buy
Orvana Minerals	Stonecap cuts price target to C$2 from C$2.05; rating outperform
Pan American Silver	BMO cuts target to $27.50 from $35
Pilot Gold	CIBC assumes coverage with sector performer; price target C$1.85
Potash Corp	NBF raises to sector perform from underperform ; raises price target to $47.50 from $35.50
Progress Energy	CIBC raises target to C$20.45 from C$11.50; sector performer
Progress Energy	Raymond James cuts to market perform from outperform ;ups price target to C$20.45 from C$11.50
Research In Motion	Barclays cuts to underweight from equal weight
Revett Minerals	Stonecap cuts price target to C$7 from C$7.50; rating outperform
Rio Alto Mining	Stonecap cuts target to C$5.80 from C$6.10; rating outperform
San Gold	Stonecap cuts price target to C$1.35 from C$1.40; rating sector perform
Sherritt International	BMO cuts target to C$5.50 from C$7; rating market perform
SilverCrest Mines	Stonecap cuts target to C$3.75 from $3.90; rating outperform
St Andrew Goldfields	Stonecap cuts target to C$0.60 from C$0.75
Sun Life Financial	Canaccord Genuity cuts target to C$25.50 from C$26
SXC Health Solutions	Paradigm ups price to $115 from $110; rating buy
Thompson Creek Metals	CIBC cuts target to C$9.40 from C$10; sector outperformer
Thompson Creek Metals	Desjardins cuts target to C$6.65 from C$7.40; rating buy .
More information needed? Please Search it...