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Surveyors work next to CP Rail trains which are parked on the train tracks in Toronto on Wednesday, May 23, 2012.
Surveyors work next to CP Rail trains which are parked on the train tracks in Toronto on Wednesday, May 23, 2012.
(Nathan Denette/THE CANADIAN PRESS)

Thursday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

A challenging outlook for the first half of 2014 at AGF Management Ltd. has prompted Canaccord Genuity analyst Scott Chan to downgrade the stock to "sell" from "hold" while slicing his price target to $10.50 (Canadian) from $12.25. He also thinks the company's dividend is at risk in the longer term.