Upgrades, Downgrades and Target Changes - Aug 18 2014

Company	Rating/Target Change
Algonquin Power	National Bank Financial raises target price to C$8.50 from C$8
Algonquin Power	TD Securities raises target price to C$9.50 from C$9; rating buy
Amaya Inc	Canaccord Genuity raises target price to C$35 from C$34; rating buy
Boardwalk REIT	CIBC raises price target to C$74 from C$68; sector performer
Boardwalk REIT	Scotia raises target to $69.5 from $67.5
Callidus Capital	CIBC raises target to C$25 from C$23.50; sector outperformer
Capital Power Corp	BMO raises target price to C$27; rating market perform
Cardinal Energy	CIBC raises target to C$22.50 from C$19; sector outperformer
Cardinal Energy	National Bank Financial resumes with outperform; target of C$21
Descartes Systems	Barclays starts with overweight rating; target price C$18
Glentel	Scotia cuts target to $14 from $15
IBI Group	Scotia raises target to $4 from $2.5
Imperial Metals	Canaccord Genuity reinstates with hold; target price of C$11.50
Imperial Metals	Scotia cuts target to $10.75 from $13.5
Imperial Metals	TD Securities cuts target to C$11.50 from C$12; rating hold
Leisureworld Senior	CIBC raises target to C$13.50 from C$13; sector performer
Leisureworld Senior	Dundee raises price target to C$14.25; rating buy
Leisureworld Senior	BMO raises target price to C$14.25; rating outperform
Northwest Healthcare Properties REIT	Dundee cuts target to C$11; neutral
Retrocom REIT	LB Securities cuts target to C$5.15 from C$5.50; rating buy
RIO Alto Mining Ltd	PI Financial raises target price to C$3; rating neutral
Tecsys Inc	Cantor starts with buy rating; target price C$8.50
Temple Hotels Inc	LB Securities cuts target to C$6.25 from C$6.50; rating buy
Trevali Mining Corp	Haywood Securities cuts to hold from buy rating
Whistler Blackcomb	TD Securities raises target to C$22 from C$21; rating buy
Whistler Blackcomb	LB Securities raises target to C$18 from C$17.50; rating hold
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