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Fly News Breaks for December 15, 2015
MFC
Dec 15, 2015 | 07:42 EDT
Canaccord said it is tempting to "pound the table" on Manulife Financial shares, but said they have become increasingly cautious due to weak equity markets, potential for losses if oil prices continue their slide, uncertainty on how much its cost reduction program will flow to the bottom line and the continuation of low interest rates. Canaccord is maintaining its Buy rating and $25 price target on Manulife Financial shares.
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