Sun Life Financial price target lowered to C$85 from C$87 at Barclays

Barclays lowered the firm’s price target on Sun Life Financial (SLF) to C$85 from C$87 and keeps an Equal Weight rating on the shares post the Q4 report. The company’s earnings come in lighter than expected on weak performance in the U.S. segment, which can be attributed to unfavorable dental and stop-loss results, the analyst tells investors in a research note.