12:44 PM EDT, 08/11/2025 (MT Newswires) -- RBC has cut its target on Sun Life Financial ( SLF ) to $84 (from $88) results were in line with RBC expectations though weakness in the U.S. and Asset Management was disappointing.

Analyst Darko Mihelic says Sun Life is still on track to provide good results this year and in comparison to its peers is better than average on many YTD profitability metrics. "We acknowledge short-term issues for the U.S. and asset mgmt businesses but think the stock reaction was overdone."

Maintain Outperform.

Price: 78.26, Change: +0.41, Percent Change: +0.53