Alert: Positive Investment/Fundamental Signals (11/16/23)-Sun Life Financial Inc (NYSE: SLF)

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Recent extremely meaningful positive changes in investment behavior have benefitted Sun Life Financial Inc (NYSE: SLF): its shorter term price trend turned up, and positive upside/downside volume developed.

Sun Life Financial Inc (NYSE: SLF) has recently enjoyed notable positive changes in fundamentals: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

SLF is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Sun Life Financial has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sun Life Financial has a slightly negative Appreciation Score of 38 but a good Power Rating of 70, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 11/16/23, Sun Life Financial Inc (NYSE: SLF) stock declined modestly by -0.4%, closing at $50.25. The stock has been strong relative to the market over the last nine months and has risen 7.1% during the last week.

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