Upgrades, Downgrades and Target Changes - May 3 2013

Company	Rating/Target Change
ARC Resources	CIBC raises target to C$29 from C$28; rating sector outperformer
Bonavista Energy	Canaccord Genuity raises target to C$18 from C$17.50; buy
Canfor Corp	Salman Partners raises target to C$22.50 from C$22; rating hold
Descartes Systems	CIBC raises target to C$10.50 from C$10; sector performer
Gildan Activewear	Citigroup raises price target to C$43 from C$31;neutral
Gildan Activewear	National Bank Financial raises price target to C$46 from C$44
Jean Coutu	CIBC raises price target to $17 from $16; rating sector performer
Manulife Financial	Canaccord Genuity raises price target to C$17.50 from C$15.50;raises to buy
Manulife Financial	CIBC ups target to $17 from $16; rating sector outperformer
Maple Leaf Foods	Canaccord Genuity cuts target to C$14 from C$15; rating hold
Martinrea International	Canaccord Genuity ups target to C$12 from C$11.50; buy
NexJ Systems	Canaccord Genuity cuts price target to C$4 from C$5
Pengrowth Energy	CIBC cuts target to C$5 from C$5.25; sector underperformer
PHX Energy Services	RBC raises target to C$12 from C$10; rating sector perform
SNC Lavalin	Canaccord Genuity cuts price target to C$50 from C$53; rating buy
Stella-Jones	National Bank Financial raises target to C$97 from C$87; outperform
Superior Plus	CIBC raises target to C$13 from C$12; rating sector performer
TransCanada	CIBC raises target to C$54 from C$53; rating sector outperformer
Western Energy Services	Canaccord Genuity cuts target to C$9.25 from C$10; buy
Western Energy Services	RBC cuts target to C$11 from C$12; rating outperform
More information needed? Please Search it...