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 20, 2024 | 2:33 pm
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POSITIVE IMPACT
RBC Capital has maintained an Outperform rating on Manulife Financial and raised the price target from C$34 to C$38.
The increase in the price target by a reputable analyst firm like RBC Capital suggests a strong confidence in Manulife Financial's future performance. This endorsement is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100