Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corp.
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CFRA maintains a Buy opinion on Manulife Financial Corp. with a 12-month target price of CAD57. The company reported Q1 2026 core EPS of CAD1.06, exceeding last year's CAD0.99, while net income rose to CAD1.147B. Asia's performance was strong, with core earnings up 22%. Currently, shares are trading at a discount, yielding 3.3%, indicating they are undervalued.
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