Upgrades, Downgrades and Target Changes - May 31 2013

Company	Rating/Target Change
Allied Properties REIT	National Bank Financial starts with sector perform
Americas Petrogas	Mackie Research cuts target to C$5.25 from C$5.60; rating buy
Atlantic Power	National Bank Financial resumes coverage with sector perform
Canadian Apartment Properties	National Bank Financial starts with outperform
CIBC	BMO cuts price target to C$87 from C$89; rating outperform
CIBC	Canaccord Genuity cuts price target to C$89 from C$92; rating hold
CIBC	KBW cuts price target to C$76 from C$81; rating market perform
Descartes Systems Group	Canaccord Genuity ups target to $12.50 from $11.50; buy
Descartes Systems Group	Paradigm Capital raises target to $12.75 from $12
Descartes Systems Group	TD Securities raises to $12.50 from $11.50; rating buy
Forbes & Manhattan Coal Corp	Canaccord Genuity cuts to speculative buy from buy
Manitok Energy	RBC raises target price to C$4 from C$3.50;outperform
RBC	BMO raises price target to C$66 from C$65.50; rating market perform
RBC	Canaccord Genuity cuts price target to C$70 from C$72; rating buy
Savanna Energy Services	TD Securities cuts price target to C$8 from C$8.50
Sulliden Exploration	Raymond James reinitiates with outperform; target price C$2
Timmins Gold Corp	BMO starts with market perform rating; target price C$3
Valeant Pharmaceuticals	BMO starts with outperform rating
More information needed? Please Search it...