CANADA/RESEARCH

Fluid Music Canada Blackmont Raises target price
to C$0.85 from
(FMN.TO) C$0.50; keeps hold
rating
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------------ Gildan Activewear UBS Cuts to
neutral from buy; price target
(GIL.TO) to C$10 from C$18
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------------ GLV (GLVa.TO) Scotia Cuts to
sector perform from sector

outperform
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------------ IGM Financial (IGM.TO) Genuity Cuts to
hold from buy

RBC Cuts price target to
C$37 from C$41;

rating outperform

Dundee Cuts to sell from
neutral

Blackmont Cuts price target to
C$34 from C$36;

rating buy

BMO Cuts price target to
C$38 from C$40;

rating outperform
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------------ International Forest RBC Cuts
price target to C$4 from C$4.50;
Products (IFPa.TO) rating sector
perform
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------------ Migao (MGO.TO) Dundee Raises
target price to C$10 from

C$7.75; rating buy
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------------ National Bank Blackmont Cuts
price target to c$37 from c$44;
of Canada (NA.TO) rating hold
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----------- Niko Resources Genuity Cuts
price target to C$65 from C$75;
(NKO.TO) rating buy
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------------ Peyto Energy Haywood Cuts
price target by C$0.50 to C$10;
Trust (PEY_u.TO) rating sector perform

BMO Cuts price target to
C$10.50 from

C$12; rating market
perform
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------------ Polaris Minerals Desjardins Cuts
target price to C$3.60 from
(PLS.TO) C$5.50; keeps buy
rating
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------------ Power Corp RBC Cuts to
sector perform from outperform
of Canada (POW.TO)
---------------------------------------------------------------
------------ Power Financial RBC Cuts to
sector perform from outperform
(PWF.TO)
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------------ Royal Bank Of Blackmont Cuts
price target to C$42 from C$45;
Canada (RY.TO) rating buy
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------------ Telus (T.TO) BMO Cuts
price target to C$40 from C$42;

rating market
perform
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------------ Timberwest Forest BMO Resumes
coveragewith outperform rating
(TWF_u.TO)
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------------ Toronto Dominion Blackmont Cuts
price target to C$40 from C$63;
Bank (TD.TO) rating hold
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------------ Trican Well Service UBS Raises
to buy from neutral on
(TCW.TO) valuation
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------------ West Energy (WTL.TO) CIBC Cuts to
sector performer from sector

outperformer
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------------ Western Canadian Coal Canaccord Adams Cuts
price target to C$0.45 from
(WTN.TO) C$0.58; keeps hold
rating
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------------ Yamana Gold (YRI.TO) Dundee Raises
price target to C$13.60 from

C$13.00; rating buy
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------------ Canadian REIT Sector Blackmont
Recommends short-term "underweight"
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------------ ((Compiled by Neha Singh and Sandhya Menon;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))