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Stock impact report

Monday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]

Sun Life Financial Inc. (SLF) 
Last sun life financial inc. earnings: 2/12 05:01 pm Check Earnings Report
Believing valuation upside could be difficult to attain until its U.S. results improve and seeing a limited potential return to his target for its shares, RBC Dominion Securities analyst Darko Mihelic lowered his recommendation for Sun Life Financial Inc. SLF-T decrease ) to “sector perform” from “outperform” previously. “SLF's underlying EPS was higher than our estimate and consensus, but the U.S. segment had higher than expected experience losses related to Dental and stop-loss,” he said. “We do not expect material unfavourable stop-loss experience to persist into 2026, but we expect the Dental business to remain challenged throughout our forecast period; we lower our U.S. estimates.” Last week, the Toronto-based insurer reported underlying earnings per share for its third fiscal quarter of $1.86, exceeding both Mr. Mihelic's $1.82 estimate and the consensus projection on the Street of $1.83. All of the company's operating segments topped forecasts except its U.S. business, w Show less Read more
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