Upgrades, Downgrades and Target Changes - Mar 25 2013

Company	Rating/Target Change
American Hotel Income	NBF starts with outperform; price target C$13
Atna	Canaccord Genuity cuts target to C$2 from C$2.25; rating speculative buy
Boyd Group	NBF raises target price to C$21 from C$19; rating
Bengal Energy	NBF starts with outperform; price target C$1.25
Directcash Payments	Acumen Capital ups target to C$30.30 from C$29.40; rating buy
Eagle Energy	CIBC cuts target to C$8 from C$9.50; rating sector performer
Fiera Capital	Canaccord Genuity ups target to C$11 from C$10.50; rating buy
Harry Winston Diamond	BMO capital markets cuts to market perform from outperform
IBI Group	Canaccord Genuity cuts price target to C$6.50 from C$8.50
IBI Group	CIBC cuts price target to C$7.50 from C$8.50; rating sector performer
IBI Group	Stonecap Securities cuts target to C$6.75 from C$8;rating sector perform
IBI Group	TD custs target to $6.50 from $7.50
North American Palladium	Raymond James raises target price to C$2.50 from C$2.20
Pembina Pipeline	NBF resumes coverage with outperform; price target C$36
Renegade Petroleum	Paradigm Capital cuts target to C$2.50 from C$4; rating buy
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