Upgrades, Downgrades and Target Changes - Aug 14 2013

Company	Rating/Target Change
Aecon Group	Raymond James raises target to C$16 from C$15; rating strong buy
Amica Mature Lifestyles	CIBC cuts target to C$9.25 from C$9.50; sector performer
Argonaut Gold	Canaccord Genuity raises target to C$8.75 from C$8.50; rating buy
Argonaut Gold	BMO raises target price to C$9.50 from C$7; rating outperform
Argonaut Gold	Mackie Research cuts target price to C$8.50 from C$8.75
Bank of Montreal	CIBC cuts target to C$65 from C$66;rating sector underperformer
Bank of Nova Scotia	CIBC cuts target to C$66 from C$67; sector outperformer
Bird Construction	CIBC cuts target to C$13 from C$14; rating sector performer
Bird Construction	Raymond James cuts target price to C$12 from C$14
BTB REIT	NBF cuts price target to C$4.80 from C$5; rating sectorperform
Churchill Corp	Paradigm Capital raises target to C$8 from C$7.75; rating hold
Churchill Corp	TD Securities raises price target to C$9 from C$8; rating hold
Canadian Western Bank	Barclays starts with equal weight rating; target C$30
Canadian Western Bank	CIBC cuts target to C$30 from C$31;rating sector performer
Chorus Aviation	IBC raises to sector performer from sector underperformer
Chorus Aviation	NBF cuts price target to C$2 from C$2.50; rating underperform
Coast Wholesale Appliances	BMO raises to market perform from underperform
Computer Modelling Group	Acumen capital raises target to C$26.70 from C$25.50
Computer Modelling Group	TD Securities raises target to C$28 from C$27; buy
Contrans Group	RBC cuts target price to C$12 from C$13; rating sector perform
Copper Mountain Mining	Paradigm Capital cuts target to C$5.75 from C$6; buy
Crocotta Energy	Canaccord Genuity cuts target to C$4 from C$4.25; rating buy
Crocotta Energy	Raymond James cuts target to c$4 from C$4.25; rating outperform
Davis + Henderson	CIBC raises target to C$27 from C$25; rating sector performer
Davis + Henderson	NBF resumes coverage with outperform; price target C$28
Davis + Henderson	TD Securities raises price target to c$29 from C$27; rating buy
Encana Corp	Global Hunter starts with accumulate; price target $24
Fiera Capital	Canaccord Genuity raises target to C$14.25 from C$13.75; buy
Fiera Capital	NBF cuts price target to C$12 from C$12.50; rating sectorperform
First Majestic Silver	BMO raises target to C$16 from C$13.50; rating outperform
First Majestic Silver	Raymond James raises target to C$16 from $15; outperform
First Majestic Silver	TD Securities raises target to C$18 from C$17.50; buy
Iamgold Corp	CIBC raises target to C$6 from C$5.50; rating sector performer
Iamgold Corp	RBC raises target price to $7.50 from $7; rating sector perform
Iamgold Corp	TD Securities cuts target price to C$7.50 from C$8; rating buy
Imris Inc	Canaccord Genuity cuts price target to $4 from $5; rating buy
Imris Inc	Paradigm Capital cuts target to $4 from $4.50; rating buy
InterRent REIT	Raymond James cuts to outperform from strong buy
Laurentian Bank Of Canada	Barclays starts with underweight; target price C$45
Legacy Oil + Gas Inc	RBC cuts target price to C$9 from C$10; rating outperform
Magellan Aerospace	TD Securities raises target to C$7 from C$5.50; rating buy
MCAN Mortgage	BMO cuts target to C$12.50 from C$14.50; rating market perform
Milestone Apartments REIT	BMO ups target to C$11.35 from C$11.10; outperform
MTY Food Group	LB Securities raises target price to C$31.50 from C$30
MTY Food Group	NBF raises price target to C$30 from C$27; rating sectorperform
Peyto Exploration & Development	Haywood cuts target by C$1 to C$34; rating buy
Plazacorp Retail Properties	LB Securities cuts target to C$5 from C$5.65; buy
Pure Industrial REIT	CIBC cuts target to C$5.25 from C$5.50
Pure Industrial REIT	Raymond James cuts to market perform from strong buy
Pure Industrial REIT	RBC cuts target to C$5.25 from C$5.50; sector perform
Retrocom REIT	RBC cuts target price to C$5.50 from C$6; rating sector perform
Rio Alto Mining	BMO raises target to C$3.25 from C$2.50; rating market perform
Rocky Mountain Dealerships	LB Securities cuts target to C$15 from C$15.50; buy
Rocky Mountain Dealerships	M Partners cuts target to C$20 from C$22.75; buy
Rocky Mountain Dealerships	Raymond James cuts price target to C$13 from C$15
Rocky Mountain Dealerships	RBC cuts target to C$15 from $17; rating outperform
TD Bank	CIBC cuts target price to C$91 from C$92; rating sector performer
Turquoise Hill Resources	TD Securities cuts target price to C$5 from C$9
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