Upgrades, Downgrades and Target Changes - Jan 29 2013

Company	Rating/Target Change
Air Canada	PI Research raises target price to C$3.25 from C$2.50
Africa Oil Corp	National Bank Financial starts with buy; rice target C$10.50
Atacama Pacific Gold	Canaccord Genuity cuts target price to C$6.75 from C$8
Atacama Pacific Gold	Raymond James cuts price target to C$6.25 from C$6.75
Atacama Pacific Gold	Stonecap cuts price target to C$6 from C$7.75
AltaGas Ltd	TD Securities raises target price to C$40 from C$36; rating buy
Brookfield Canada Office Properties	RBC raises price target to C$33 from C$32
Canadian Pacific Railway	RBC raises price target to C$100 from C$91
CGI Group	BMO raises price target to C$27.50 from C$26.50
Intact Financial	Canaccord Genuity raises price target to C$75 from C$74
Nevsun Resources Ltd	PI Financial starts with buy rating; target price of C$6.15
Niko Resources	RBC raises price target to C$15 from C$11
North American Tungsten	Paradigm Capital cuts target price to C$0.40 from C$0.50
Raging River	National Bank Financial raises target to C$5.25 from C$4.75
Raging River	CIBC raises target price to C$4.50 from C$4
Raging River	Paradigm Capital raises target price to C$5 from C$4
Raging River	TD Securities raises price target to $4.25 from $4
Raging River	BMO raises price target to C$4 from C$3.75
TMX Group Ltd	National Bank Financial raises target price to C$58 from C$54
Western Energy Services	Raymond James raises to strong buy from outperform ;Raymond James raises price target to C$1.50 from C$1.35
Western Energy Services	RBC raises target price to C$2.75 from C$2
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