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Jefferies Maintains Sun Life Financial(SLF.US) With Buy Rating, Raises Target Price to $64.4

Futu News ·  Nov 6 07:34  · Ratings

Jefferies analyst John Aiken maintains $Sun Life Financial (SLF.US)$ with a buy rating, and adjusts the target price from $64.1 to $64.4.

According to TipRanks data, the analyst has a success rate of 49.9% and a total average return of -0.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Sun Life Financial (SLF.US)$'s main analysts recently are as follows:

  • Sun Life Financial's operating earnings surpassed expectations due to stronger than anticipated performance in the Canadian and U.S. core insurance sectors.

  • Sun Life Financial exhibited a robust quarter, outperforming expectations, particularly in the U.S. segment. The rebound to profitability in the U.S. dental results during Q3 was stronger than anticipated. Looking ahead to 2025, the company appears well-positioned as it adjusts dental premiums and continues to display robust capital, which is benefiting shareholders through repurchase initiatives.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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