Upgrades, Downgrades and Target Changes - Mar 12 2013

Company	Rating/Target Change
5N Plus Inc	National Bank Financial cuts target price to C$3.50 from C$4
Agrium Inc	BMO cuts to market perform from outperform
Alimentation Couche-Tard	Canaccord Genuity raises target to C$62 from C$58
Allied Properties REIT	CIBC raises target price to C$36 from C$34
Canacol Energy Ltd	CIBC raises to sector outperformer from sector performer
Cargojet Inc	Canaccord Genuity raises target price to C$10.75 from C$8.50
Com Dev International Ltd	Salman Partners raises target to C$3.40 from C$3.10
Com Dev International Ltd	CIBC raises target price to C$4.75 from C$4
Element Financial	GMP Securities raises target to C$10.25 from C$8.50
Labrador Iron Mines Holdings	Stonecap raises target price to C$1.90 from C$1.75
Pan American Silver Corp	CIBC cuts target price to C$23 from C$25
Petrobank Energy And Resources	Raymond James cuts target to C$0.85 from C$1.25
Petrobakken Energy Ltd	Fraser Mackenzie cuts target price to C$12.50 from C$17
Petrobakken Energy Ltd	Salman Partners raises to buy from hold
Rathdowney Resources Ltd	PI Financial starts with buy rating
WesternOne Inc	National Bank Financial raises target price to C$10 from C$9.50
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