Upgrades, Downgrades and Target Changes - Jun 11 2014

Company	Rating/Target Change
Algonquin Power & Utilities	BMO raises target to C$9.50 from C$8.50; outperform
American Hotel Income Properties REIT	CIBC cuts target to C$11.25 from C$11.75
Bankers Petroleum	Credit Suisse raises target to C$8 from C$7; rating neutral
Boardwalk REIT	Raymond James cuts to outperform from strong buy
Brookfield Renewable Energy Partners	NBF resumes coverage with C$33.50 target
Calloway REIT	Raymond James cuts to market perform from outperform
DHX Media LtD	National Bank Financial raises price target to C$7.25 from C$6.5
Empire Company Ltd	National Bank Financial cuts price target to C$73 from C$75
Guyana Goldfields	Paradigm raises target to C$4 from C$2.50; speculative buy
Interrent REIT	Raymond James cuts to outperform from strong buy
Keyera Corp	Scotia ups target to $85 from $78; sector outperformer
Mediagrif Interactive	LB Securities cuts target to C$21 from C$22; rating buy
Merus Labs International	Canaccord Genuity cuts target to C$3 from C$3.25; buy
Merus Labs International	Paradigm Capital ups target to C$2.75 from C$2.50; buy
RioCan	Raymond James cuts to market perform from outperform
TVA Group Inc	TD Securities starts with hold rating; target price of C$9
WesternOne Inc	Canaccord Genuity raises price target to C$9 from C$8; rating buy
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