Upgrades, Downgrades and Target Changes - Mar 31 2014

Company	Rating/Target Change
Advantage Oil & Gas	TD raises target to $7 from $6.5
Black Diamond	Scotia raises target to $40 from $36;downgrades from Sector outperformer to sector performer
BlackBerry	Canaccord Genuity raises target price to $8 from $6; rating hold
BlackBerry	Evercore cuts target price to $6 from $7
BlackBerry	UBS raises target price to $8.50 from $8; ratingneutral
BlackBerry	Scotia raises target to $9.15 from $8.40
BRP Inc	Canaccord Genuity raises target price to C$35 from C$34; rating buy
Canadian Energy Services	Scotia raises target to $38 from $34
CanElson Drilling	Scotia raises target to $8.50 form $8; sector perfomer from sector outperformer
Calfrac Well Services	Scotia raises target to $42 from $40;
Canyon Services	Scotia raises target by $0.25 to $14.75.
enerflex	Scotia raises target to $22 from $19
Donnycreek Energy	NBF cuts target price to C$3.50 from C$4; rating outperform
Ensign Energy Services	Scotia raises target to $19 from $18
Granite REIT	TD raises target to $45 from $44
Horizon North Logistics	Scotia raises target to $10 from $9.25
IBI Group Inc	Scotia raises target to $1.25 from $0.25
IBI Group Inc	Scotia raises target to $1.25 from $0.25 ;raises to hold from sell rating
Kinross Gold Corp	RBC cuts target price to $7 from $7.50; rating outperform
Magellan Aerospace	TD raises target to $12 from $10
Nordion Inc	CIBC raises target to C$13 from C$11.50; sector underperformer
Newalta Corp	Scotia raises target to $22 from $20
Rio Alto Mining Ltd	BMO raises target to C$2.50 from C$2.25, market perform
Rogers Sugar	Scotia uprades to Sector Outperform from Sector Performer.
Sherritt Intl	TD raises target to $4.50 from $3.50
Secure Energy	Scotia raises target to $22 from $18
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