Freehold Royalties Ltd T.FRU

Desjardins Upgrades

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For dividend-paying stocks, their changes were:

* Crescent Point Energy Corp. ( “buy”) to $11 from $10. Average: $9.27.

* Enerplus Corp. ( “buy”) to $17.50 from $17. Average: $15.25.

* Freehold Royalties Ltd. ( “buy”) to $17.50 from $16.50. Average: $15.64.

* Tamarack Valley Energy Ltd. ( “buy”) to $5.75 from $5.50. Average: $5.17.

* Vermilion Energy Inc. ( “buy”) to $19.50 from $19. Average: $16.69.

* Whitecap Resources Inc. (WCP-T, “buy”) to $11.50 from $10. Average: $10.92.