Wells Fargo Maintains Equal-Weight on Aflac, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Equal-Weight rating on Aflac (NYSE:AFL) and lowered the price target from $74 to $71.
July 17, 2023 | 12:25 pm
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NEGATIVE IMPACT
Aflac's price target has been lowered from $74 to $71 by Wells Fargo, while maintaining an Equal-Weight rating.
The lowering of Aflac's price target by Wells Fargo indicates a potential decrease in the stock's value. The maintained Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the market, which may not be enough to counteract the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100