Wells Fargo Maintains Equal-Weight on Aflac, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Aflac (NYSE:AFL) and raises the price target from $81 to $82.
May 10, 2024 | 3:31 pm
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POSITIVE IMPACT
Wells Fargo's updated rating and increased price target for Aflac suggests a stable outlook with a slight positive adjustment in valuation.
The adjustment in price target by a notable analyst like Elyse Greenspan indicates a positive reassessment of Aflac's valuation, albeit the Equal-Weight rating suggests that the stock is adequately priced at its current level. This could lead to a slight positive sentiment among investors, potentially impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100