Upgrades, Downgrades and Target Changes - Sep 19 2012

Company	Rating/Target Change
AGF Management	Canaccord Genuity cuts target to C$14.00 from C$14.75; rates buy
Artis REIT	National Bank Financial resumes coverage with outperform
Axia NetMedia	National Bank Financial raises to sector perform from underperform
Chesapeake Lodging	J.P. Morgan raises target to $20 from $18; rating neutral
CML HealthCare	Canaccord Genuity cuts target to C$9.50 from C$10.75; rating hold
H&R REIT	National Bank Financial starts with outperform
New Flyer Industries	Canaccord Genuity ups target to C$8.00 from C$7.25
Guestlogix	Canaccord Genuity raises target price to C$1.10 from C$1; rating buy
Pan American Silver	RBC raises target to $24 from $20; rating sector perform
Penn West Exploration	Macquarie cuts to underperform;target to C$14 from C$15.75
Tahoe Resources	RBC raises price target to C$25 from C$19; rating outperform
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