Upgrades, Downgrades and Target Changes - Sep 04 2013

Company	Rating/Target Change
Alimentation Couche	CIBC raises target to C$63 from C$60; sector performer
Bank of Montreal	CIBC raises target to C$69 from C$68; sector underperformer
Bank of Nova Scotia	CIBC cuts to sector performer from sector outperformer
Canadian Western Bank	CIBC raises target to C$32 from C$31; sector performer
Dundee International	Canaccord Genuity cuts target to C$9.75 from C$10.25; hold
FAM REIT	Canaccord Genuity starts with buy rating; price target of C$10
FAM REIT	National Bank Financial starts with sector perform; C$10.75 target
Long Run Exploration	Canaccord Genuity raises target to C$6.50 from C$6.25; buy
Novus Energy	Raymond James raises target price to C$1.18 from C$1
Paladin Labs	Canaccord Genuity raises target to C$63 from C$61.50; rating hold
Sandstorm Metals and Energy	Paradigm Capital cuts target to C$2.50 from C$4.75
TD Bank	CIBC raises target price to C$98 from C$95
Trinidad Drilling	CIBC raises target to C$11 from C$10.50; sector outperformer
Trinidad Drilling	Raymond James raises target price to C$11.25 from C$10.75
Trinidad Drilling	TD increases target price to $12 from $11.5
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