UBS initiated coverage of Sun Life Financial (SLF) with a Buy rating and C$90 price target UBS sees 1% downside to consensus EPS with risks related to the near-term earnings emergence for the U.S. business, the analyst tells investors in a research note. The stop loss and dental pressures, while a source of near-term uncertainty, should be temporary in nature and addressable via price and/or mix shift, UBS says.
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