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Sun Life Financial price target raised to C$94 from C$93 at Evercore ISI

Evercore ISI raised the firm’s price target on Sun Life Financial (SLF) to C$94 from C$93 and keeps an Outperform rating on the shares. Buoyed by recent equity market gains, the firm sees “a favorable risk/reward” for life insurers heading into Q3 earnings, the analyst tells investors in a preview for the group.

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