Upgrades, Downgrades and Target Changes - Jun 23 2014

Company	Rating/Target Change
Air Canada	BMO raises target price to C$12 from C$10; rating outperform
Bombardier	BMO cuts price target to C$4.25 from C$4.50; market perform rating
Canadian Natural Resources	FirstEnergy Capital ups target by C$5 to C$56;top pick
CI Financial Corp	RBC raises target price to C$41 from C$40; rating outperform
Denison Mines	Paradigm Capital raises target to C$2.30 from C$2.25; rating buy
DHX Media	Canaccord Genuity raises target to C$7.60 from C$6.70; rating buy
Element Financial	RBC raises target price to C$18 from C$17; rating outperform
Enerflex Ltd	Raymond James raises target to C$22 from C$20; rating outperform
Innergex Renewable Energy	TD Securities raises target to C$11.50 from C$11; hold
Innergex Renewable Energy	BMO raises target to C$11 from C$10.50 market perform * Petromanas Energy : Haywood Research raises target by C$0.05 to C$0.50; rating buy
Primero Mining Corp	BMO raises target price to C$9.25 from C$9; rating outperform
Talisman Energy	Bernstein cuts target to C$14.50 from C$16; rating outperform
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