Analyst Ratings for Talisman Energy (tlm)

Overall Rating: BUY Rating Trend:

Avg. $ Target: $15.25 (+28.9%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
2/21/2013	Credit Suisse	Upgrade	Outperform (Neutral)	N/A (N/A)	12.36	11.83	-4.29%	Details
1/14/2013	Raymond James	Downgrade	Market Perform (Outperform)	12.00 (16.00)	12.28	11.83	-3.66%	Details
11/30/2012	BMO Capital	Downgrade	Market Perform (Outperform)	N/A (N/A)	11.61	11.83	1.89%	Details
11/8/2012	Canaccord Genuity	Upgrade	Buy (Hold)	14.75 (N/A)	10.65	11.83	11.08%	Details
8/27/2012	RBC Capital	Upgrade	Outperform (Sector Perform)	N/A (N/A)	13.67	11.83	-13.46%	Details
6/28/2012	Bernstein	Upgrade	Outperform (Market Perform)	14.00 (N/A)	10.64	11.83	11.18%	Details
5/11/2012	TD Securities	Downgrade	Buy (N/A)	17.00 (N/A)	11.27	11.83	4.97%	Details
3/7/2012	Global Hunter Securities	New Coverage	Neutral (N/A)	14.50 (N/A)	13.01	11.83	-9.07%	Details
2/16/2012	FirstEnergy Capital	Downgrade	Market Perform (N/A)	N/A (N/A)	13.13	11.83	-9.9%	Details
1/25/2012	Societe Generale	Downgrade	Hold (N/A)	N/A (N/A)	12.05	11.83	-1.83%	Details
12/23/2011	Susquehanna	Upgrade	Positive (N/A)	16.00 (N/A)	12.13	11.83	-2.47%	Details
10/18/2011	Tudor Pickering	New Coverage	Buy (N/A)	N/A (N/A)	13.03	11.83	-9.21%	Details
10/10/2011	Barclays » Updated 7/2/2012	Downgrade	Equalweight (N/A)	11.00 (13.00)	11.73	11.83	0.85%	Details
10/6/2011	JPMorgan	Upgrade	Overweight (N/A)	23.00 (N/A)	11.34	11.83	4.32%	Details
6/21/2011	BofA/Merrill Lynch	New Coverage	Buy (N/A)	N/A (N/A)	18.89	11.83	-37.37%	Details

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