Upgrades, Downgrades and Target Changes - Apr 25 2013

Company	Rating/Target Change
Algonquin Power & Utilities	Canaccord Genuity cuts to hold from buy
Aastra Technologies	TD Securities cuts price target to C$21 from C$22
Canadian Pacific Railway	Canaccord Genuity ups target to C$111 from C$104; sell
Canadian Pacific Railway	Euro Pacific ups target to C$118 from C$105; neutral
Canadian Pacific Railway	Jefferies raises target to $118 from $114; rating hold
Canadian Pacific Railway	Raymond James raises to outperform
Canadian Pacific Railway	TD Securities raises target to C$109 from C$106; reduce
Cenovus Energy Inc	TD Securities raises price target to C$41 from C$40
DeeThree Exploration	Raymond James ups target to C$8.75 from C$8.50; outperform
Discovery Air	Canaccord Genuity cuts price target to C$3 from C$3.50; rating buy
Discovery Air	PI Financial cuts target price to C$3.50 from C$4.50
Enerplus	Barclays raises to overweight from equal weight
Epsilon Energy	M Partners raises target price to C$5.50 from C$5.25; rating buy
Metro Inc	Desjardins Capital raises target price to C$70.50 from C$68.50
Mullen Group	Raymond James raises price target to C$23 from C$22.50;outperform
Mullen Group	TD Securities cuts price target to C$23 from C$26; rating hold
Nevada Copper Corp	Paradigm Capital raises price target to C$6.50 from C$6.25;buy
Sprott Inc	Canaccord Genuity cuts target to C$2.75 from C$3.75; rating hold
Toromont Industries	M Partners cuts target to C$26.25 from C$27.25; rating buy
Toromont Industries	Raymond James cuts target to C$25 from C$25.75; outperform
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