01:02 PM EST, 11/14/2024 (MT Newswires) -- Sun Life target has been raised by $4, to $92, at BMO after the lifeco's investor day.

"While lift in medium-term objectives (underlying EPS moves to 10%, from 8-10%, underlying ROE moves to 20% from 18%+) was a positive, SLF's Investor Day not only showcased winning track record (underlying EPS 9% CAGR last 10 years, underlying ROE at 18%), but also increased our confidence in its ability to continue to accelerate given its capital light/high growth business model," said analyst Tom MacKinnon.

Reiterate Outperform.

Price: 85.58, Change: +1.15, Percent Change: +1.36