Upgrades, Downgrades and Target Changes - Jul 16 2013

Company	Rating/Target Change
Alliance Grain Traders	CIBC raises target to C$16.50 from C$14
Loblaw Companies	CIBC raises target to C$53 from C$48; rating sector performer
Loblaw Companies	TD raises traget price to $57 from $55
Mercer International Inc	RBC cuts to sector perform from outperform
Pengrowth Energy	TD raises target price to $6.00 from $5.50
Shoppers Drug Mart	TD raises target price to $64 from $48
Turquoise Hill Resources	CIBC cuts price target to C$9.50 from C$11
Tembec	RBC cuts to sector perform from outperform; target to C$3 from C$5.50
Twin Butte Energy Ltd	Raymond James cuts target price to C$2.75 from C$3.25
Twin Butte Energy Ltd	TD cuts target price to $2.25 from $3.25
WiLan Inc	CIBC cuts price target to C$7.25 from C$8; rating sector outperformer
WiLan Inc	Canaccord Genuity cuts target price to C$6.60 from C$7; rating buy
More information needed? Please Search it...