The Globe and Mail reports in its Friday, May 8, edition that Scotia Capital analyst Mike Rizvanovic continues to rate iA Financial "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Rizvanovic gave his share target a $15 trim to $168. Analysts on average target the shares at $180. Mr. Rizvanovic says in a note: "iA Financial's stock was oversold, in our view, following what we viewed as a relatively in line Q1 result as we suspect investors were a bit disappointed with the mixed performance across the lifeco's key segments; the sizable gap between reported and core EPS, which resulted in a sequential decline in BVPS; and a higher tax rate that will be a modest headwind to EPS growth. That overshadowed an increase in iA Financial's buyback to 8 per cent and continued strength in the seg fund business. We also believe the stock's strong recovery since the post-Q4 sell-off made for a difficult set-up, with investors needing to see a solid EPS beat this quarter to justify any further upside to the share price. We exit the quarter with no material change in our view on iA Financial as our EPS estimates are little-changed, while our price target falls on a lower BVPS."