The Globe and Mail reports in its Thursday, Oct. 31, edition that Scotia Capital analyst Meny Grauman continues to rate Sun Life Financial "sector outperform." The Globe's David Leeder writes that Mr. Grauman gave his share target a $12 boost to $85. Analysts on average target the shares at $79.31. Mr. Grauman says in a note: "We also maintain our 'sector outperform' rating on Sun Life Financial, but it remains our third-place pick behind iA Financial. We continue to view Sun's near-term challenges in the U.S. as temporary and not structural, but with the stock continuing to trade at a premium to peers, there is a window here for that relative valuation gap (with Manulife Financial in particular) to further narrow and even close completely. That will be harder to justify if the lifeco is able to boost its ROE target at its upcoming investor day, but we take a wait and see approach to that development." The Globe reported on Aug. 2 that Mr. Grauman rated Sun Life Financial "sector outperform." The shares could then be had for $67.33. The Globe reported on Aug. 14 that TD Cowen analyst Mario Mendonca was keeping his "hold" recommendation for Sun Life intact. The shares could then be had for $69.23.