Upgrades, Downgrades and Target Changes - Oct 11 2013

Company	Rating/Target Change
ARC Resources	BMO Capital raises target to C$30 from C$29; rating outperform
Blackpearl	BMO Capital raises target to C$3 from C$2.75; rating outperform
Bonterra Energy	BMO Capital raises target to C$60 from C$59; rating outperform
COM DEV International	Canaccord Genuity ups target to C$5 from C$4.75;rating buy
Canadian National	Canaccord Genuity ups target to C$105 from C$104; rating hold
Canadian Pacific	Canaccord Genuity cuts target to C$131 from C$138; rating hold
CanElson Drilling	NBF resumes with outperform; target price C$8
Cenovus Energy	BMO Capital lowers target to C$37 from C$38; rating outperform
Conifex Timber	National Bank Financial starts with outperform; target C$10.50
Contrans Group	BMO cuts to market perform from outperform
DragonWave Inc	Canaccord Genuity cuts target price to US$1.75 from$2.10
DragonWave Inc	TD cuts target price to US$1.5 from$1.75
Freehold Royalties	BMO Capital raises target to C$25 from C$24.50;market perform
Imperial Oil	BMO Capital raises target to C$48 from C$47; rating market perform
International Forest	NBF starts with outperform; target C$14.50
Pengrowth Energy	BMO Capital raises target to C$7.50 from C$6.50; market perform
Penn West	BMO Capital raises target to C$13.5 from C$13; rating market perform
Surge Energy	BMO Capital raises target to C$5.50 from C$5; rating market perform
Suncor Energy	BMO Capital raises target to C$46 from C$44; rating outperform
Taseko Mines	Canaccord Genuity starts with buy rating; target C$2.65
Twin Butte	Octagon raises to hold from sell; price target to C$2.50 from C$1.75
Twin Butte	BMO Capital lowers target to C$5 from C$9; rating market perform
More information needed? Please Search it...