Upgrades, Downgrades and Target Changes - Oct 08 2013

Company	Rating/Target Change
Canacol Energy	Stonecap starts with outperform; target price C$6.20
Exchange Income	NBF cuts price target to C$24 from C$28; rating outperform
Exchange Income	CIBC cuts price target to C$22.50 from C$25.25; sector performer
Exchange Income	Raymond James cuts target to C$20 frm C$23.75; market perform
Exchange Income	LB Securities cuts target price to C$27.50 from C$33; rating buy
Exchange Income	Stonecap Securities cuts target to C$27 from C$31; outperform
HudBay Minerals	Raymond James raises target to C$9 from C$8.25; market perform
Intact Financial	NBF raises price target to C$72 from C$71; rating outperform
Manitoba	RBC cuts to sector perform from outperform; target to C$31 from C$37
Manitoba	TD Securities cuts price target to C$37 from C$39; rating buy
Manitoba	Canaccord Genuity cuts price target to C$30 from C$34
Rio Alto Mining	BMO cuts target to C$2.50 from C$3.25; rating market perform
Ritchie Bros	TD Securities cuts price target to C$16 from C$17; rating reduce
Saputo Inc	TD Securities raises price target to C$55 from C$53; rating hold
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