Evercore ISI analyst Thomas Gallagher raised the firm’s price target on Aflac (AFL) to $110 from $106 and keeps an Underperform rating on the shares. Buoyed by recent equity market gains, the firm sees “a favorable risk/reward” for life insurers heading into Q3 earnings, the analyst tells investors in a preview for the group.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AFL: