RESEARCH ALERT-CIBC raises price target on Torc Oil, others

Jan 14 (Reuters) - :

* Torc Oil & Gas Ltd TOG.TO : CIBC raises price target to C$13.50 from

C$12.75; rating sector outperform

* Argent Energy Trust AET_u.TO : CIBC cuts price target to C$9.50 from C$11;

rating sector outperformer

* Eagle Energy Trust EGL_u.TO : CIBC raises price target to C$9.25 from C$9;

rating sector performer

* Aurora Oil & Gas Ltd AEF.TO : CIBC cuts price target to C$3.85 from C$4.25;

rating sector outperformer

* Bellatrix Exploration Ltd BXE.TO : CIBC raises price target to C$11 from

C$10; rating sector outperformer

* Blackpearl Resources Inc PXX.TO : CIBC raises price target to C$3 from

C$2.85; rating sector outperformer

* Crew Energy Inc CR.TO : CIBC raises price target to C$7.75 from C$7.50;

rating sector performer

* Legacy Oil + Gas Inc LEG.TO : CIBC cuts to sector performer from sector

outperformer

* Legacy Oil + Gas Inc LEG.TO : CIBC price target to C$7.50 from C$9

* Painted Pony Petroleum Ltd PPY.TO : CIBC cuts price target to C$8.50 from

C$9; rating sector performer

* Raging River Exploration Inc RRX.TO : CIBC raises price target to C$8.25

from C$7; rating sector outperformer

* Santonia Energy Inc STE.TO : CIBC cuts price target to C$1.65 from C$2;

rating sector performer

* Strategic Oil and Gas Ltd SOG.V : CIBC cuts to sector underperformer from

sector performer

* Strategic Oil and Gas Ltd SOG.V : CIBC cuts price target to C$0.95 from

C$1.10

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