Fly News Breaks for February 16, 2018
Feb 16, 2018 | 06:08 EDT
As reported earlier, BMO Capital analyst Tom MacKinnon upgraded Sun Life Financial to Outperform from Market Perform and raised his price target to $61. MacKinnon cites improved earnings visibility in the US from re-pricing efforts and in Asia due to expected build in scale. The analyst is also positive on the company's conservative leverage ratio and "solid" dividend payout.
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