Upgrades, Downgrades and Target Changes - Nov 18 2013

Company	Rating/Target Change
Air Canada	Raymond James cuts to market perform from outperform
Alaris Royalty	Raymond James raises target price to $39.75 from $37
Boardwalk REIT	CIBC raises target to C$65 from C$63.50; sector performer
Cervus	Acumen Capital raises price target to C$24.80 from C$24.50; rating buy
CGI Group	Jefferies raises price target to C$41 from C$38; rating hold
IBI  Group	CIBC cuts to sector underperformer from sector performer
IBI  Group	Canaccord Genuity cuts to sell from hold; target price to C$0.75 from C$2
IBI  Group	Raymond James cuts target to C$1.50 from C$2.50; rating market perform
IBI  Group	Desjardines cuts to sell
IBI Group	LB cuts target to C$1.50 from C$2.5
Ithaca	RBC raises target to C$3.50 from C$3.20; rating outperform
Labrador Iron Mines	Canaccord Genuity cuts target price to C$0.40 from C$0.80
Morneau Shepell	CIBC raises target to C$16 from C$15; rating sector performer
Niko Resources	Canaccord Genuity cuts to sell from hold
Niko Resources	TD Securities cuts target to C$6 from C$13.50; speculative buy
Onex Corp	CIBC raises target to C$64 from C$63; rating sector outperformer
Onex Corp	Canaccord Genuity raises target price to C$66 from C$59; rating buy
Onex Corp	RBC raises target price to C$61 from C$58; rating sector perform
Power Corporation of Canada	CIBC raises target price to C$34 from C$32.25
Power Corporation of Canada	TD Securities raises target to C$35 from C$31
Power Financial	TD Securities raises to buy from hold; target to C$39 from C$34
Royal Host	TD Securities raises target to C$1.25 from C$0.75
Sandstorm	TD Securities cuts price target to C$4.50 from C$5; rating reduce
Tamarack Valley	Canaccord Genuity raises target to C$4.25 from C$3.75
Tamarack Valley	Paradigm Capital raises target to C$4.75 from C$4.25; buy
TeraGo Inc	CIBC cuts target price to C$9 from C$10
TeraGo Inc	Canaccord Genuity cuts price target to C$11 from C$13; rating buy
WesternOne	Canaccord Genuity cuts target to C$9.50 from C$9.75; rating buy
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