Keefe Bruyette raised the firm’s price target on Aflac (AFL) to $106 from $104 and keeps a Market Perform rating on the shares. The firm is assuming “normal” Q2 equity market appreciation of 2% for life insurance companies, the analyst tells investors in a research note.
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Read More on AFL:
- Aflac price target raised to $103 from $102 at Wells Fargo
- Aflac Reports Q1 Earnings Amid Investment Losses
- Aflac’s Earnings Call: Growth Amid Financial Pressures
- AFLAC’s Strong Japanese Market Performance and Operational Efficiency in the U.S. Justify Buy Rating Despite EPS Miss
- Aflac price target raised to $96 from $95 at Barclays
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