Upgrades, Downgrades and Target Changes - Feb 25 2013

Company	Rating/Target Change
Centerra Gold	Canaccord Genuity cuts to hold from buy ;cuts price target to C$7 from C$15
Conifex Timber Inc	RBC cuts target price to C$8 from C$9
Dundee International REIT	M Partners raises target to C$12.75 from C$12
Eldorado Gold	Haywood cuts target by C$0.50 to C$19.25; rating sector outperform
Essential Energy Services	Global Hunter Securities raises to buy from accumulate
Fortress Paper	Raymond James ups target to C$13.50 from C$11; rating outperform
Guyana Goldfields	TD Securities cuts target to C$7 from C$10; speculative buy
Iroc Energy Services	Stonecap Securities cuts target price to C$3.10 from C$3.25
Keegan Resources	RBC cuts target price to C$3.25 from C$5; rating sector perform
Leisureworld Senior Care	Canaccord Genuity raises target to C$14 from C$13.50
Leisureworld Senior Care	TD Securities ups target to c$13.50 from c$13;rating hold
Leisureworld Senior Care	Dundee Capital raises target to C$13.10 from C$12.70
MDA	CIBC raises target price to C$72 from C$66; rating sector outperformer
MDA	RBC raises target price to C$78 from C$70; rating outperform
Niko Resources	TD Securities raises price target to C$12.50 from C$12
Northland Power	TD Securities raises target to C$19 from C$18.50; rating hold
Onex Corp	CIBC raises target to C$52.50 from C$45; rating sector outperformer
Onex Corp	BMO raises target price to C$49.50 from C$47.25; rating market perform
Onex Corp	TD Securities raises target to C$48 from C$46; rating hold
Pan American Silver	Canaccord Genuity raises target price to $23.50 from $22
Pason Systems	BMO raises target price to C$19 from C$17; rating market perform
Western Energy Services	RBC raises target to C$12 from C$10; rating outperform
Western Forest Products	RBC ups target to C$1.50 from C$1.40; rating outperform
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