Upgrades, Downgrades and Target Changes - Nov 16 2012

Company	Rating/Target Change
Altus Group	BMO cuts target price to C$8.50 from C$9; rating market perform
Banro	BMO cuts to market perform from outperform; price target to c$4 from c$5
Banro	CIBC cuts price target to C$6 from C$7; rating sector outperformer
Canadian Satellite Radio	TD Securities raises target to C$6.50 from C$5.50
Copper Mountain Mining	BMO cuts target price to C$4 from C$4.50
Copper Mountain Mining	CIBC cuts target to C$5 from C$5.20
Copper Mountain Mining	Laurentian Bank cuts target to C$5.25 from C$5.50
Copper Mountain Mining	Haywood cuts target to C$5.50 from C$6.50
Delphi Energy	Canaccord Genuity raises to speculative buy from sell
Delphi Energy	CIBC cuts target to C$1.50 from C$1.75; rating sector performer
Enbridge Income Fund	CIBC cuts target to C$25.75 from C$26.25
Endeavour Mining	Canaccord Genuity raises target to C$4.80 from C$4.70
George Weston	RBC cuts price target to C$70 from C$72; rating sector perform
George Weston	Barclays raises target price to C$62 from C$60; rating equal weight
Great Panther Silver	Stonecap cuts target to C$1.90 from C$2.35
Great Panther Silver	Dundee cuts target price to C$2 from C$2.40; rating neutral
Great Panther Silver	Salman Partners cuts target to C$2.50 from C$2.70
Guardian Capital Group	BMO raises target to C$10.75 from C$10.25
Huntingdon Capital Corp	RBC cuts to sector perform from outperform
Labrador Iron Mines	Stonecap raises to outperform from sector perform
Labrador Iron Mines	Raymond James cuts target to C$1.20 from C$1.50
Labrador Iron Mines	Canaccord Genuity cuts target to C$2.40 from C$4.50
Labrador Iron Mines	RBC cuts price target to C$1.40 from C$1.80
Labrador Iron Mines	Paradigm Capital cuts target to C$1.50 from C$3.50
Labrador Iron Mines	Desjardins cuts target price to C$2 from C$2.25; rating hold
Labrador Iron Mines	Haywood cuts target to C$1.10 from C$2.40
Labrador Iron Mines	Credit Suisse cuts target to C$1 from C$1.10; rating neutral
Long Run Exploration	CIBC raises to sector outperformer from sector performer
Long Run Exploration	Paradigm Capital cuts target to C$6 from C$6.25; rating buy
Long Run Exploration	BMO raises to outperform from market perform
Niko Resources	Haywood cuts target to C$20 from C$40; rating sector outperform
Niko Resources	Credit Suisse cuts target price to C$11 from C$12; rating neutral
Parex Resources Inc	Salman Partners raises price target to C$6.50 from C$6
Renegade Petroleum	Raymond James cuts target to C$3.25 from C$3.50
Tembec Inc	Canaccord Genuity cuts target price to C$3.50; rating buy
Tembec Inc	TD Securities cuts target price to C$2 from C$2.50; rating hold
Temple REIT	Laurentian Bank cuts target price to C$7.50 from C$7.75; rating buy
Transition Therapeutics	RBC cuts target to C$2 from C$2.50;rating sector perform
Vermilion Energy	CIBC raises target to C$51.50 from C$49;rating sector performer
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