Upgrades, Downgrades and Target Changes - Nov 22 2012

Company	Rating/Target Change
Aveda Transportation and Energy Services Inc	Stonecap cuts target to C$3 from C$4
B2Gold Corp	Stonecap starts with outperform
Bonavista Energy Corp	Canaccord Genuity cuts price target to C$20 from C$20.50
Canfor Pulp Products Inc	BMO raises to market perform from underperform
Just Energy Group Inc	TD Securities cuts target price to C$13 from C$14.50
Onex Corp	BMO raises target price to c$43 from c$42; rating market perform
Research In Motion Ltd	National Bank Financial ups price target to $15 from $12
Rogers Sugar Inc	BMO cuts target to c$6 from c$6.50; rating market perform
Shaw Communications Inc	TD Securities raises target price to C$25 from C$24
Spartan Oil Corp	Raymond James cuts to outperform from strong buy;target to C$6
Spartan Oil Corp	National Bank Financial cuts to tender from outperform
Sprott Inc	GMP securities raises to hold from reduce, on valuation
Sterling Resources Ltd	Dundee cuts to neutral from buy
Tembec Inc	BMO raises to outperform from underperform
WesternZagros Resources	Raymond James raises price target to C$1.35 from C$1.30
WesternZagros Resources	Dundee raises target price to C$2.50 from C$2.30
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