Upgrade In a research report previewing earnings season for Canadian life insurance companies, CIBC World Markets analyst Paul Holden upgraded a pair of stocks:
* Manulife Financial Corp. to “neutral” from “underperformer” with a $30 target, up from $28. The average is $30.67.
* Sun Life Financial Inc. to “outperformer” from “neutral” with a $75 target, up from $73. The average is $74.17.