The Globe and Mail reports in its Friday, Feb. 7, edition that CIBC World Markets analyst Nik Priebe has upgraded Power Corp. of Canada to "outperformer" from "neutral." The Globe's David Leeder writes in the Eye On Equities column that Mr. Priebe gave his share target a $7 boost to $55. Analysts on average target the shares at $51.43. Mr. Priebe says in a note: "We believe that the best time to buy Power Corp. is when: I) sentiment is improving on the underlying operating subsidiaries, and ii) the NAV discount is wider than usual. Great-West Lifeco reported a strong quarter [Wednesday] evening and our covering analyst (Paul Holden) upgraded the stock. The 10-per-cent repricing of Great-West's shares was the strongest market reaction to an earnings event in over a decade, suggesting to us that sentiment could be poised to turn a corner. The outperformance of Great-West versus Power Corp. also means that Power's NAV discount has gapped out and is approaching a key support level. This, in our view, creates a unique opportunity from a timing standpoint to initiate or build a position in Power Corp." The Globe reported on Nov. 15 that TD Cowen rated Power Corp. "buy." The shares could then be had for $45.62.