Sun Life Financial (SLF) Tops Q1 EPS by 21c, Big Beat on Revenues

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Go back to Sun Life Financial (SLF) Tops Q1 EPS by 21c, Big Beat on Revenues

Credit Suisse Downgrades Sun Life Financial (SLF) to Neutral Amid Soft U.S. Results

May 10, 2017 6:54 AM EDT

Credit Suisse downgraded Sun Life Financial (NYSE: SLF) from Outperform to Neutral with a price target of C$52.00 (from C$56.00) following Q1 earnings miss on soft U.S. results.

Analyst Nick Stogdill notes unfavourable policyholder experience in the U.S. reduced EPS by ~$0.09... More