The Globe and Mail reports in its Friday, Feb. 9, edition that Scotia Capital analyst Phil Hardie has reaffirmed his "outperform" recommendation for Trisura Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hardie gave his share target a $2 boost to $56. Analysts on average target the shares at $52. Mr. Hardie says in a note: "There was likely some investor trepidation heading into the release of Trisura's year-end results, however, the quarter played out largely in line with our expectations with no new surprises or significant unexpected charges. The quarter saw some final clean-up related to run-off programs and a bit slower-than-expected top-line growth across the U.S. platform as management likely repositions its book to set up for a clean 2024 with improved profitability expected to be a key growth lever. With no new developments or charges related to Vesttoo, we believe risks that have caused an overhang on the stock are receding which bodes well for multiple expansion over the coming months. Operating results were in line with expectations with higher-than-expected investment income offsetting weaker-than-forecast U.S. profitability."