RBC Capital Maintains Outperform on Manulife Financial, Raises Price Target to C$38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Darko Mihelic has maintained an Outperform rating on Manulife Financial (TSX:MFC) and increased the price target from C$34 to C$38.
February 16, 2024 | 4:37 pm
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RBC Capital has maintained an Outperform rating on Manulife Financial and raised the price target from C$34 to C$38.
The increase in price target by RBC Capital suggests a positive outlook on Manulife Financial's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100