Manulife Financial Price Target Raised to C$67.00 at TD

MT Newswires Live08-06

TD Securities raised its price target on Manulife Financial (MFC.TO) to C$67.00 from C$65.00 on Thursday.

Analyst Mario Mendonca maintained a buy rating on shares of the Canadian multinational insurance company and financial services provider following its Q2 results.

"Results were in line, with Asia, US and GWAM delivering good growth, offset by weaker results in Canada," Mendonca said in a note to clients. "Earnings quality was good, reflecting public markets gains."

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