| * Arc Resources Ltd ARX.TO: Raymond James cuts target price to C$31 from C$33 |
| * Arc Resources Ltd ARX.TO: TD Cowen cuts target price to C$28 from C$30 |
| * Badger Infrastructure Solutions Ltd BDGI.TO: BMO raises target price to C$85 from C$82 |
| * Baytex Energy Corp BTE.TO: TD Cowen cuts to hold from buy |
| * Black Diamond Group Ltd BDI.TO: BMO raises target price to C$20 from C$18 |
| * Canadian Natural Resources Ltd CNQ.TO: Raymond James cuts target price to C$53 from C$57 |
| * Canadian Natural Resources Ltd CNQ.TO: TD Cowen cuts target price to C$51 from C$54 |
| * Canadian Pacific Kansas City CP.TO: TD Cowen cuts PT to C$116 from C$119 |
| * Cenovus Energy Inc CVE.TO: Raymond James cuts target price to C$30 from C$33 |
| * Cogeco Communications Inc CCA.TO: BMO raises target price to C$75 from C$70 |
| * Cogeco Communications Inc CCA.TO: CIBC raises PT to C$71 from C$68 |
| * Cogeco Communications Inc CCA.TO: National Bank of Canada raises PT to C$71 from C$66 |
| * Cogeco Communications Inc CCA.TO: TD Cowen raises target price to C$100 from C$95 |
| * Cogeco Inc CGO.TO: CIBC raises target price to C$66 from C$61 |
| * Cogeco Inc CGO.TO: TD Cowen raises target price to C$120 from C$110 |
| * Constellation Software Inc CSU.TO: CIBC cuts target price to C$4668 from C$5260 |
| * Enbridge Inc ENB.TO: Scotiabank raises raises target price to C$73 from C$70 |
| * Enbridge Inc ENB.TO: Scotiabank raises to sector outperform from sector perform |
| * First Majestic Silver Corp AG.TO: BMO raises target price to C$26 from C$22 |
| * Fortuna Mining Corp FVI.TO: BMO raises target price to C$17 from C$15 |
| * Imperial Oil IMO.TO: Raymond James cuts target price to C$106 from C$110 |
| * Imperial Oil IMO.TO: TD Cowen cuts target price to C$101 from C$106 |
| * MDA Space Ltd MDA.TO: Morgan Stanley raises target price to C$46.00 from C$32.00 |
| * MDA Space Ltd MDA.TO: Morgan Stanley raises to overweight from equal-weight |
| * Mullen Group Ltd MTL.TO: BMO raises target price to C$20 from C$18 |
| * Nfi Group Inc NFI.TO: BMO raises target price to C$21 from C$17 |
| * Ngex Minerals Ltd NGEX.TO: Ventum Financial raises target price to C$32 from C$28 |
| * Paramount Resources Ltd POU.TO: Raymond James raises target price to C$29 from C$27 |
| * Precision Drilling Corp PD.TO: Raymond James cuts target price to C$131 from C$134 |
| * Rockpoint Gas Storage Inc RGSI.TO: Scotiabank raises target price to C$31 from C$29 |
| * Silvercorp Metals Inc SVM.TO: BMO raises target price to C$17.5 from C$13 |
| * Strathcona Resources Ltd SCR.TO: TD Cowen cuts target price to C$27 from C$32 |
| * Suncor Energy Inc SU.TO: Raymond James cuts target price to C$73 from C$75 |
| * TCP Energy Corp TRP.TO: Scotiabank raises target price to C$86 from C$81 |
| * Teck Resources Ltd TECKb.TO: Citigroup raises target price to C$76 from C$60 |
| * Titanium Transportation TTNM.TO: Raymond James cuts to market perform from outperform |
| * Titanium Transportation TTNM.TO: Raymond James cuts target price to C$2.22 from C$2.25 |
| * Tourmaline Oil TOU.TO: Raymond James cuts target price to C$69 from C$72 |
| * Tourmaline Oil TOU.TO: TD Cowen cuts target price to C$65 from C$68 |
