The Globe and Mail reports in its Wednesday, Nov. 15, edition that TD Securities analyst Mario Mendonca has reaffirmed his "hold" recommendation for Sun Life Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mendonca boosted his share target by a loonie to $68. Analysts on average target the shares at $72.92. Mr. Mendonca says in a note: "In our view, the following support a premium valuation for Sun Life: 1) lower interest-rate sensitivity; 2) solid capital levels; 3) track record of earnings stability; and 4) strong ROE (low capital-intensity business mix). However, we rate Sun Life 'hold' and continue to favour Manulife Financial over Sun Life, mostly reflecting relative valuation." The Globe reported on Feb. 28 that Barclays rated Sun Life "overweight." It was then worth $65.94. The Globe reported on May 16 that RBC Dominion Securities analyst Darko Mihelic had elevated his recommendation for Sun Life to "outperform" from "sector perform." It was then worth $66.32. The Globe reported on Aug. 31 that guest columnist Sean Pugliese recommended buying Sun Life in the Number Cruncher column when it could be had for $65.91.