What exactly changed in the Feb 05, 2026 Scotiabank note on GWLIF?

Scotiabank maintained its Outperform rating for Great-West Lifeco (GWLIF) and raised the price target from C$68 to C$70 on Feb 05, 2026. The note signals steady confidence with a modest valuation increase rather than a shift in fundamental outlook.

How should investors interpret the GWLIF analyst rating maintained by Scotiabank?

A maintained Outperform indicates the analyst expects the stock to beat peers, but it is not a full upgrade. Investors should view this as continued positive guidance while monitoring dividend stability and broader analyst consensus before making major portfolio moves.

Does the price target change mean GWLIF is a buy now?

A target bump to C$70 is a mild positive, not an automatic buy signal. Investors should compare the target to current price, dividend yield, and personal risk tolerance. Look for corroborating analyst actions or company catalysts before increasing exposure.

Where can I read the original analyst note for this GWLIF analyst rating change?

The Scotiabank note and the price target revision are summarized on TheFly. Access the bulletin for details and language of the analyst commentary [source](https://thefly.com/permalinks/entry.php/id4286267/5204286394/GWLIF-GreatWest-Lifeco-price-target-raised-by-C-at-Scotiabank).

Analyst Ratings

Scotiabank Maintains Outperform on Great-West Lifeco Inc. (GWLIF) Feb 05 2026

ByDanny Kontos February 6, 2026February 6, 2026

Scotiabank on Feb 05, 2026 maintained an Outperform rating on Great-West Lifeco Inc. (GWLIF) and raised its price target to C$70 from C$68. This GWLIF analyst rating update signals continued confidence from a major Canadian bank. Investors should note the firm kept the rating while nudging valuation higher, a nuanced endorsement rather than a decisive momentum shift. We track the change and its implications using Meyka AI market signals and coverage history to show what the action means for shareholders and prospective buyers.