Upgrades, Downgrades and Target Changes - Mar 21 2013

Company	Rating/Target Change
Alimentation Couche-Tard	Barclays ups target to C$58 from C$55;rating overweight
Coast Wholesale	BMO raises target price to C$3 from C$2.25; rating underperform
Corus Entertainment	RBC cuts to sector perform from outperform
Element Financial	RBC raises target price to C$11 from C$10; rating outperform
Franco-Nevada	RBC cuts target price to C$60 from C$65; rating sector perform
Franco-Nevada	National Bank Financial cuts target to C$60 from C$66
Franco-Nevada	CIBC cuts target to C$63 from C$65; rating sector outperformer
Franco-Nevada	TD Securities cuts target price to C$60 from C$66; rating buy
Lake Shore Gold	Haywood Securities cuts target price
MCAN Mortgage	BMO raises target price to C$15 from C$14; rating market perform
Pershimco	Stonecap Securities cuts target to C$1 from C$1.10; rating outperform
Polaris Minerals	Paradigm Capital raises price target to C$1.25 from C$0.85
Raging River	CIBC ups target to C$5 from C$4.50; rating sector outperformer
Raging River	TD Securities raises target price to C$5 from C$4.25; rating buy
Raging River	BMO raises target price to C$4.50 from C$4; rating outperform
Solium Capital	PI Financial raises target price to C$5 from C$4.50; rating buy
Sterling Resources	TD Securities ups target to C$1.20 from C$0.95
Strongco	Canaccord Genuity cuts target price to C$7 from C$8; rating buy
Strongco	Desjardins cuts price target to C$7 from C$8; rating buy
Strongco	PI Financial cuts target price to C$7.50 from C$8.50; rating buy
Strongco	M Partners cuts target price to C$9.75 from C$11.50; rating buy
Strongco	Raymond James cuts target to C$5 from C$5.75; rating market perform
Taseko Mines	Raymond James resumes coverage with outperform rating
Teck Resources	TD Securities cuts target price to C$35 from C$38; rating hold
Whitecap Resources	BMO raises target price to C$11 from C$10; rating outperform
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