| * Advantage Energy Ltd AAV.TO: Raymond James cuts target price to C$11 from C$12 |
| * Air Canada AC.TO: Scotiabank cuts target price to C$21 from C$25 |
| * Algoma Steel Group Inc ASTL.TO: BMO cuts target price to C$12 from C$14 |
| * ARC Resources Ltd ARX.TO: Raymond James cuts target price to C$32 from C$33 |
| * Baytex Energy Corp BTE.TO: Raymond James cuts target price to C$4 from C$5 |
| * BCE Inc BCE.TO: RBC cuts target price to C$37 from C$39 |
| * Canadian Natural Resources CNQ.TO: Raymond James cuts target price to C$49 from C$52 |
| * Canadian Natural Resources CNQ.TO: Wells Fargo cuts target price to C$40 from C$44 |
| * Canadian Natural ResourcesCNQ.TO: Raymond James ups to outperform from market perform |
| * Cogeco Communications Inc CCA.TO: RBC raises target price to C$78 from C$77 |
| * Firan Technology Group FTG.TO: Raymond James initiates coverage with outperform rating |
| * Firan Technology Group FTG.TO: Raymond James initiates coverage with PT C$10 |
| * First Quantum Minerals Ltd FM.TO: Morgan Stanley cuts PT to C$19.4 from C$19.7 |
| * Freehold Royalties Ltd FRU.TO: Raymond James cuts target price to C$14 from C$16 |
| * Imperial Oil IMO.TO: Raymond James cuts target price to C$104 from C$108 |
| * Imperial Oil IMO.TO: Raymond James raises to outperform from market perform |
| * Lundin Mining Corp LUN.TO: Morgan Stanley cuts target price to C$12 from C$14.80 |
| * Lycos Energy Inc LCX.V: Haywood Securities cuts target price to C$4 from C$4.50 |
| * Nuvista Energy Ltd NVA.TO: Raymond James cuts target price to C$17 from C$18 |
| * Obsidian Energy Ltd OBE.TO: Raymond James cuts target price to C$10 from C$14 |
| * Obsidian Energy Ltd OBE.TO: Raymond James cuts to market perform from strong buy |
| * Prairiesky Royalty Ltd PSK.TO: TD Cowen raises to buy from hold |
| * Precision Drilling Corp PD.TO: Raymond James cuts target price to C$124 from C$141 |
| * Precision Drilling Corp PD.TO: Raymond James cuts to outperform from strong buy |
| * Quebecor Inc QBRb.TO: RBC raises target price to C$41 from C$38 |
| * Rogers Communications Inc RCIb.TO: RBC cuts target price to C$54 from C$57 |
| * Sandstorm Gold Ltd SSL.TO: Canaccord Genuity raises PT to C$12.75 from C$12.25 |
| * Snowline Gold Corp SGD.V: BMO resumes coverage with outperform rating |
| * Snowline Gold Corp SGD.V: BMO resumes coverage with target price C$17.5 |
| * Step Energy Services Ltd STEP.TO: Raymond James cuts target price to C$5 from C$5.5 |
| * Step Energy Services Ltd STEP.TO: Raymond James cuts to market perform from outperform |
| * Surge Energy Inc (Alberta) SGY.TO: Raymond James cuts target price to C$6 from C$8.5 |
| * Surge Energy Inc (Alberta) SGY.TO: Raymond James cuts to market perform from outperform |
| * Telus Corp T.TO: RBC cuts target price to C$24 from C$25 |
| * Verticalscope Holdings Inc FORA.TO: Canaccord Genuity cuts PT to C$10.00 from C$17.00 |
| * Verticalscope Holdings Inc FORA.TO: Raymond James cuts PT to C$9 from C$14.5 |
| * Verticalscope Holdings Inc FORA.TO: TD Cowen cuts target price to C$6.00 from C$15.00 |
| * Verticalscope Holdings Inc FORA.TO: TD Cowen cuts to hold from buy |