Upgrades, Downgrades and Target Changes - Dec 18 2013

Company	Rating/Target Change
Argonaut Gold	BMO cuts target to C$7.50 from C$9; rating outperform
Argonaut Gold	Canaccord Genuity cuts target to C$6.75 from C$7.25; rating hold
Asanko Gold	RBC raises target to C$2.50 from C$2.40; rating sector perform
Athabasca Oil	RBC cuts target price to C$9 from C$10; rating sector perform
Canada Bread Company	RBC raises target to C$70 from C$67; rating sector perform
Constellation Software	CIBC raises target to C$225 from C$160; sector performer
Element Financial	CIBC raises target to C$17.50 from C$16; sector outperformer
Finning International	TD raises target to C$27 from C$26; hold
Finning International	RBC raises target to C$30 from C$28; rating outperform
Fortress Paper	Raymond James cuts to underperform from market perform
Partners Real Estate	CIBC cuts target price to C$5.25 from C$6.50
RMP Energy	Raymond James starts with outperform rating; price target of C$8
Storm Resources Ltd	RBC starts with outperform rating; price target of C$4.75
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