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Fly News Breaks for February 12, 2016
MFC
Feb 12, 2016 | 07:54 EDT
After Manulife reported slightly lower than expected EPS, BMO Capital says the results were "in-line to reasonably good" from a fundamental perspective.The firm says the stock's valuation has bottomed, making it an "excellent" growth at a reasonable price name. It cut its price target on the shares to $22 from $27 but keeps an Outperform rating on the stock.
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