Upgrades, Downgrades and Target Changes - Aug 30 2012

Company	Rating/Target Change
Alimentation Couche Tard	NBF ups target to C$55 from C$54; rating outperform
Avigilon Corp	NBF starts with outperform; price target of C$12
Banro Corp	CIBC cuts price target to C$7 from C$8; rating sector outperformer
Canadian Western Bank	TD Securities cuts price target to C$31 from C$32
Cenovus Energy	Barclays raises to overweight from equal weight
Cenovus Energy	Paradigm cuts to hold
Dollarama :	BMO starts with market perform
Energold Drilling	TD Securities cuts target price to C$5.50 from C$6; rating buy
Fairborne Energy	CIBC cuts price target to C$2 from C$2.25
Fairborne Energy	RBC cuts target price to C$2.50 from C$3; rating sector perform
Iona Energy Inc	TD Securities raises price target to C$1.20 from C$1.15
Innovative Composites	Canaccord cuts target to C$0.75 from C$1.25; speculative buy
Magnum Hunter Resources	Suntrust Robinson raises price target to $9 from $8.50
Manitok Energy	Raymond James raises target price to C$2.25 from C$1.75
Manitok Energy	National Bank Financial raises price target to C$2.75 from C$2.25
Nexen Inc	Barclays raises price target to C$27 from C$24
Pan Orient Energy Corp	Raymond James cuts price target to C$3.50 from C$4.25
Route1 Inc	Paradigm cuts target to C$0.15 from C$0.30; rating speculative buy
Russel Metals Inc	TD Securities cuts price target to C$25 from C$26; rating hold
Teranga	SocGen starts with hold; price target of C$2.21
Western Energy Services Corp	Raymond James cuts to outperform from strong buy
Westjet Airlines	Canaccord Genuity cuts target to C$26 from C$27; rating buy
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