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Fly News Breaks for October 7, 2016
AFL
Oct 7, 2016 | 06:55 EDT
Credit Suisse analyst John Nadel initiated Aflac with an Underperform due to relative share outperformance and expects that low global rates will pressure investment income while the growing disparity between U.S. and Japanese rates will cause an increase in hedging costs. Nadel established a $75 price target on Aflac shares.
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