Morgan Stanley raised the firm’s price target on Sun Life Financial (SLF) to $85 from $78 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on stocks under its coverage in the Life Insurance sector, the analyst tells investors. Morgan Stanley notes core results held up well and a rebound is expected to occur in 2H25. Overall, valuation is attractive for the sector, the firm says.
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Read More on SLF:
- Sun Life Announces Conversion Privilege for Preferred Shares Series 8R and 9QR
- Sun Life Financial price target raised to C$88 from C$82 at RBC Capital
- Sun Life Financial price target raised to C$95 from C$89 at BMO Capital
- Sun Life Financial: Strong Performance and Future Potential Justify Buy Rating
- Sun Life Financial Elects New Board of Directors
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