Upgrades, Downgrades and Target Changes - Jan 07 2014

Company	Rating/Target Change
Arc Resources	Canaccord Genuity raises target to C$33 from C$31; rating hold
Athabasca Oil	Canaccord Genuity cuts target to C$8.50 from C$9.50; rating hold
Alaris Loyalty	NBF raises rating to outperform from sector perform.
Baytex Energy	Canaccord Genuity raises target to c$53 from c$51; rating buy
Calfrac Well Services	Canaccord Genuity starts with hold; price target C$36
Canadian Natural Resources	Canaccord Genuity raises target to C$45 from C$42; rating buy
Canam Group	RBC raises target price to C$16 from C$13; rating outperform
Canfor	RBC raises to outperform from sector perform; target to C$13 from C$11
Canyon Services Group	Canaccord Genuity starts with hold; price target
Cenovus Energy	Canaccord Genuity raises target to C$39 from C$37; rating buy
Crew Energy	Canaccord Genuity raises target to C$10.50 from C$9.50; rating buy
Essential Energy Services	Canaccord Genuity starts with buy; price target C$3
Hudbay Minerals	Canaccord Genuity raises target price to C$19 from C$17
Husky Energy	Canaccord Genuity raises target to C$35 from C$34; rating hold
Imperial Oil	Canaccord Genuity raises target to C$48 from C$46; rating hold
Norbord	RBC cuts target price to $30from $35
MEG Energy	Canaccord Genuity raises target price to C$48 fromC$46; rating buy
Paramount Resources	Canaccord Genuity ups target to C$47 from C$42; rating buy
Pengrowth	Canaccord Genuity raises target to C$8.50 from C$7.50; rating buy
Pulse Seismic	Cantor cuts to hold from buy; raises price target to C$5 from C$4
Raging River Exploration	Canaccord Genuity ups target to C$7.50 from C$7; buy
Suncor Energy	Canaccord Genuity raises target to C$50 from C$46; rating buy
Total Energy Services	Canaccord Genuity starts with buy; price target C$24
Tourmaline Oil	RBC raises target price to C$55 from C$52; rating outperform
Tourmaline Oil	Raymond James ups target to C$52 from C$50; rating outperform
Trican Well Service	Canaccord Genuity starts with hold; price target C$15
Whitecap Resources	Raymond James ups target to C$13.75 from C$13; strong buy
Whitecap Resources	Canaccord ups target to C$14.50 from C$14; rating buy
More information needed? Please Search it...