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Manulife Financial price target raised to C$49 from C$47 at Barclays

Manulife Financial price target raised to C$49 from C$47 at Barclays

Barclays raised the firm’s price target on Manulife Financial (MFC) to C$49 from C$47 and keeps an Equal Weight rating on the shares following the Q4 report. The company had positive insurance experience gains across the board, particularly noteworthy in the U.S. segment, the analyst tells investors in a research note.

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