Upgrades, Downgrades and Target Changes - May 20 2014

Company	Rating/Target Change
Ainsworth Lumber	RBC cuts target price to c$3.50 from C$4.50; rating outperform
Bank Of Montreal	KBW raises price target to C$72 from C$68; market perform
Bank Of Nova Scotia	KBW raises price target to C$64 from C$63; market perform
Bank Of Nova Scotia	Barclays raises price target to C$69 from C$66; equal weigh
Boardwalk REIT	Raymond James raises target to C$70 from C$65;rating strong buy
CAE Inc	CIBC raises price target to C$16.75 from C$16.25; sector performer
CAE Inc	Desjardins raises to buy from hold
CIBC	Barclays raises price target to C$95 from C$90; rating underweight
FAM REIT	National Bank Financial resumes with sector perform rating
Husky Energy Inc	BofA Merrill cuts to neutral from buy
Just Energy Group	CIBC cuts target to C$5.75 from C$7.50; sector underperformer
Lumenpulse	National Bank Financial starts with price target of C$23
Lumenpulse	Canaccord Genuity starts with target price of C$25
Martinrea International	Canaccord Genuity raises target to C$14 from C$13; buy
National Bank Of Canada	Barclays raises target to C$47 from C$46; equal weight
Northern Property REIT	Dundee Capital cuts target to C$29 from C$29.50;neutral
Onex Corp	Canaccord Genuity raises price target to C$73 from C$72; rating buy
Onex Corporation	Scota ups target to $65 from $60
Onex Corp	CIBC cuts price target to C$70 from C$71
Partners REIT	LB Securities cuts target to C$4.75 from C$5.90; rating hold
RBC	KBW raises price target to C$73 from C$72; rating market perform
TD Bank	KBW raises price target to C$51 from C$50; rating market perform
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