TD Cowen lowered the firm’s price target on Aflac (AFL) to $100 from $102 and keeps a Hold rating on the shares. The firm adjusted targets in the life insurance group as part of a Q4 preview. TD sees a “slight headwind” from lower alternative returns heading into the prints. It retains a balanced sector view.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AFL:
- Aflac price target lowered to $101 from $104 at Barclays
- Aflac price target lowered to $120 from $127 at BofA
- Aflac price target raised to $105 from $101 at JPMorgan
- AFLAC: Sector Tailwinds but Fully Valued, Supporting a Balanced Hold Recommendation
- Aflac price target raised to $119 from $110 at Raymond James