UPDATE: BMO Capital Markets Raises Sun Life Financial's PT

According to a research report published this morning, BMO Capital Markets has increased Sun Life Financial's SLF PT from $24 to $25. In the report, BMO Capital Markets commented, "SLF reported GAAP EPS of $1.22, well ahead of our $0.69 estimate and consensus of $0.78, owing to better-than-expected impact from both equity markets and interest rates. The all-important core was in line (after backing out the impact of policyholder experience losses), at $0.60, versus our $0.61 estimate and consensus of $0.61." BMO Capital Markets maintains its Market Perform rating on Sun Life Financial, which closed yesterday at $22.55.