BUZZ-Canada's iA Financial rises after unveiling growth targets at investor day

Shares of Canadian insurer iA Financial Group IAG.TO rise 5.3% to C$133.87

IAG at its investor day unveils new forecast of 10%+ medium-term annual average growth in core EPS

Co also expects core return on common shareholder's equity to be 17%+ in 2027

Last week, IAG topped Q4 profit expectations on the back of strong sales growth

CEO Denis Ricard says the new targets highlight the vast potential for expansion across both Canada and the United States

As of last close, IAG stock down 4.7% YTD