The Globe and Mail reports in its Thursday edition that National Bank's Jaeme Gloyn has kept his "outperform" recommendation for IGM Financial. The Globe's David Leeder writes that Mr. Gloyn's share target soared $14 to $82. Analysts on average target the shares at $67.50. IGM is one of Mr. Gloyn's "top idea." Mr. Gloyn says in a note: "We expect growth to outperform consensus as I) core businesses have returned to consistent inflows, ii) Rockefeller is now delivering positive earnings, and iii) ChinaAMC lapping easier comps. Additionally, IGM has signaled an increase in capital return, recently announcing a 5-per-cent NCIB for 2026 versus 2.5 per cent in 2025, and above consensus forecasts of 1-2 per cent. With $700-million of unallocated capital, $400-million of FCF above the common dividend, and a payout ratio trending into the low-50s vs. a 60-per-cent target IGM has ample capacity to accelerate repurchases and raise the dividend, which would be the first increase in a decade. Value remains underappreciated, stripping out the value of strategic investments in ChinaAMC, Wealthsimple and Rockefeller implies the core platforms are trading at only approximately five times P/E, well below peers at more than 11 times."