The Globe and Mail reports in its Tuesday, Jan. 20, edition that RBC Dominion Securities analyst Darko Mihelic continues to rate Manulife Financial "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Mihelic has an unchanged $52 share target. Analysts on average target the shares at $56.17. Mr. Mihelic says in a note: "We lower our core EPS estimate by 0.9 per cent and we expect Manulife's core EPS to decrease 9 per cent quarter-over-quarter but increase 2 per cent year-over-year. We expect a normalized ECL charge mostly in the U.S. and lower our Asia estimates, partially offset by higher estimates in Canada." The Globe reported on July 11 that National Bank called Manulife a top pick. It was then worth $41.71. The Globe reported on Aug. 8 and Jan. 6 that Mr. Mihelic rated Manulife "outperform." It was then worth $41.41 and $51.64.