Credit Suisse Maintains Outperform on Sun Life Financial, Lowers Price Target to $77
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Kevin Choquette has maintained an 'Outperform' rating on Sun Life Financial (NYSE:SLF), but lowered the price target from $79 to $77.
August 10, 2023 | 12:44 pm
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Sun Life Financial's price target has been lowered by Credit Suisse from $79 to $77, though the 'Outperform' rating is maintained.
The lowering of the price target by Credit Suisse could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100