Upgrades, Downgrades and Target Changes - Mar 22 2013

Company	Rating/Target Change
Argent Energy	RBC starts with outperform rating; target price C$12
Athabasca Oil	BMO cuts price target to C$15 from C$18; rating outperform
Axia NetMedia	National Bank Financial raises target to C$2 from C$1.50
Bonterra Energy	CIBC ups target to C$55 from C$52; rating sector outperformer
Dalradian	Dundee Capital starts with buy rating; price target of C$2.60
Dundee Industrial REIT	M Partners cuts target to C$12 from C$13; rating buy
Legumex Walker	Laurentian Bank cuts target to C$10 from C$11.75; rating buy
Martinrea	Canaccord Genuity raises target to C$11.50 from C$10.75; rating buy
Medical Facilities	National Bank Financial ups target to C$15.50 from C$14.50
Medical Facilities	Canaccord Genuity ups target to C$15 from C$14.50; rating hold
Parallel Energy	CIBC cuts target to C$4.50 from C$5.50;rating sector performer
Parallel Energy	RBC starts with sector perform; target price C$5
Regal Lifestyle	Dundee Capital raises target to C$9.70 was C$9.60;rating neutral
Renegade Petroleum	Stonecap cuts target to C$3 from C$3.50; rating outperform
Renegade Petroleum	National Bank Financial cuts target to C$2.75 from C$3.50
Renegade Petroleum	Dundee Capital cuts target to C$2.75 from C$3; rating buy
Renegade Petroleum	TD Securities cuts target price to C$3 from C$3.25; rating buy
Teck Resources	Raymond James cuts target to C$38 from C$39; rating outperform
Twin Butte Energy	CIBC ups target to C$2.80 from C$2.65; rating sector
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