Goldman Sachs Maintains Sell on Aflac, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has maintained a Sell rating on Aflac (NYSE:AFL) but increased the price target from $61 to $75.
January 09, 2024 | 12:55 pm
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Goldman Sachs reaffirms Sell rating on Aflac but raises the price target to $75, indicating a potential downside based on the current market price.
The increase in price target by Goldman Sachs suggests a higher valuation for Aflac, yet the Sell rating indicates that the analyst believes the stock may still underperform the market or its sector. This mixed signal could lead to short-term volatility as investors process the implications of the new price target against the Sell recommendation.
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