tiprankstipranks
Manulife Financial price target raised to C$53 from C$49 at Scotiabank
The Fly

Manulife Financial price target raised to C$53 from C$49 at Scotiabank

Scotiabank analyst Meny Grauman raised the firm’s price target on Manulife Financial (MFC) to C$53 from C$49 and keeps an Outperform rating on the shares. While the firm continues to like Canadian lifeco stocks, Scotiabank believes the group stands out as a safe haven from the recently launched Canada/US trade war, the analyst tells investors.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App