The Globe and Mail reports in its Thursday edition that National Bank Financial analyst Gabriel Dechaine believes Canadian life insurance companies are entering 2025 with positive momentum, having outperformed the market for the third consecutive year, also surpassing the Big Six banks in performance. The Globe's David Leeder writes that Mr. Dechaine has elevated his recommendation for Sun Life Financial to "outperform" from "sector perform." Mr. Dechaine's share target soared $13 to $95. Analysts on average target the shares at $91. Mr. Dechaine says in a note: "We believe domestic investor appetite for U.S. exposure has increased. Sun Life is in an enviable position in that regard. The company generates nearly two thirds of its earnings in U.S. dollars, with the bulk of earnings generated in wealth management and group insurance. Moreover, the U.S. group business (approximately 18 per cent of Sun Life's earnings) should enjoy organic growth tailwinds if the U.S. economy is poised to benefit from job creation under a growth-oriented Trump administration. ... We believe Sun Life will focus its excess capital deployment strategy on acquisitions to enhance the scale of its U.S. group business and/or its Asia footprint."