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Fly News Breaks for January 17, 2020
PRI, AFL, SLF
Jan 17, 2020 | 07:27 EDT
Argus analyst Jacob Kilstein raised his price target on Sun Life Financial (SLF) to $53 and kept his Buy rating, saying the stock remains "attractively valued" based on the company's consistently strong earnings and ROE that exceeded peer averages and the management's guidance. The analyst notes that his new price target brings Sun Life Financial valuation in line with the multiples of its successful peers such as Aflac (AFL) and Primerica (PRI).
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