01:19 PM EDT, 05/06/2024 (MT Newswires) -- National Bank has lifted Trisura Group ( TRRSF ) target to $67 (from $65) and reiterated Outperform, noting that the "tone" on the management call after the Q1 results was positive.

Analyst Jaeme Gloyn writes that management "remains confident" in their expectations for growth and profitability. This, combined with strong Q1 results, with run-off costs firmly in the rear-view mirror and an upgraded AM Best Outlook, put Trisura ( TRRSF ) on a path for a strong recovery year in 2024," Gloyn reports.

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