Upgrades, Downgrades and Target Changes - Oct 18 2012

Company	Rating/Target Change
Artek Exploration	Stonecap Securities raises target to C$4.15 from C$3.05
Bauer	National Bank Financial resumes coverage with outperform rating
Capital Power	CIBC resumes coverage with sector outperformer rating
Celtic Exploration	Canaccord Genuity cuts to hold from buy; target to C$25.66
Celtic Exploration	TD Securities cuts to hold;raises target to C$26.25 from C$22
Celtic Exploration	BMO raises target to $26.30 from $18.50;rating market perform
Celtic Exploration	Dundee Capital raises target price to C$27.40 from C$20
Cineplex	RBC raises to outperform from underperform; target to C$32 from C$29
Granite Real Estate	TD Securities raises target to C$42 from C$40; rating buy
Labrador Iron Ore	Desjardins cuts target price to C$36 from C$39; rating hold
Newfoundland Capital	RBC assumes coverage with outperform
Penn West Petroleum	TD Securities raises target to C$15 from C$14; rating hold
Uni-Select Inc	Desjardins starts with hold rating; price target of C$28
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