Upgrades, Downgrades and Target Changes - Mar 18 2014

Company	Rating/Target Change
American Hotel Income Properties REIT	NBF cuts target to C$12.50 from C$13
Axia NetMedia Corp	National Bank Financial raises target to C$3.30 from C$3
Badger Daylighting	Canaccord Genuity raises target price to C$38 from C$34.50
BRP Inc	National Bank Financial raises target to C$34 from C$31; outperform
Canfor:	Scotia cuts target to $31.75 from $32
Churchill Corp	Canaccord Genuity raises target to C$11.75 from C$10.75; buy
Churchill Corp	Paradigm Capital raises target to C$10 from C$8; rating hold
Churchill Corp	RBC raises target price to C$10 from C$9; rating sector perform
Churchill Corp	Raymond James raises target to C$12 from C$11; rating outperform
Churchill Corp	Scotia raises target to $11.50 from $9
Ensign Energy Services	Barclays cuts target to C$18 from C$19; equalweight
Ensign Energy Services	RBC cuts price target to C$18 from C$20; sector perform
Ensign Energy Services	Raymond James cuts target to C$17.25;rating marketperform
Equal Energy Ltd	PI Financial moves to sell rating
Imperial Oil	Macquarie cuts to underperform from neutral
Keyera Corp	National Bank Financial raises price target to C$75 from C$74
Keyera Corp	Scotia raises target to $70 from $68
Keyera Corp	BMO raises target price to C$69 from C$68; rating market perform
Power Corporation of Canada	Scotia raises target to $36 from $35.50
Power Financial	Scotia raises target to $39 from $38.5
Raging River Exploration	Scotia raises target to t$10 from $9
Raging River Exploration	Canaccord Genuity raises target price to C$9; buy
Raging River Exploration	TD Securities raises target to C$10 from C$9; buy
Raging River Exploration	BMO raises target to C$9.50 from C$9; rating outperform
SilverCrest Mines	National Bank Financial starts with outperform; target C$3
Tourmaline Oil	Raymond James raises target to C$56 from C$54; rating outperform
Vicwest:	Scotia cuts taget to $13 from $15.50
Whitecap Resources	Barclays raises target price to C$15 from C$14; overweight
Whitecap Resources	Canaccord Genuity raises target price to C$15.50; rating buy
Whitecap Resources	BMO raises target to C$15.50 from C$14.50; rating outperform
Yoho Resources Inc	Haywood Securities starts with buy rating; targer price C$5.50
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