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AFL

Aflac

$88.49

-0.27 (-0.30%)

04:55
12/14/17
12/14
04:55
12/14/17
04:55

Aflac management to meet with Morgan Stanley

Meetings to be held in Los Angeles on December 13 and in San Francisco on San Francisco on December 14 hosted by Morgan Stanley.

  • 14

    Dec

AFL Aflac
$88.49

-0.27 (-0.30%)

09/08/17
09/08/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. PepsiCo (PEP) downgraded to Neutral on declining US beverage sales at Credit Suisse with analyst Laurent Grandet saying risk/reward is "balanced" following an 11% share appreciation over the past year, especially with US beverage sales struggling year-to-date. 2. Chipotle (CMG) downgraded to Underperform from Market Perform at Cowen with analyst Andrew Charles citing proprietary survey data that indicates the company's quality and value perceptions remain at trough levels, leading him to believe the sales recovery will continue to trail investor expectations. 3. Aflac (AFL) downgraded to Underperform from Neutral at BofA/Merrill with analyst Seth Weiss citing relative valuation. 4. Kroger (KR) downgraded to Perform from Outperform at Oppenheimer with analyst Rupesh Parikh citing the company's second quarter results. 5. Rice Energy (RICE) downgraded to Neutral from Buy at Goldman Sachs with analyst Brian Singer citing valuation following recent outperformance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/26/17
SBSH
09/26/17
DOWNGRADE
Target $79
SBSH
Sell
Aflac downgraded to Sell from Neutral at Citi
Citi analyst Suneet Kamath downgraded Aflac to Sell and cut his price target for the shares to $77 from $82. The company is at an inflection point as Aflac Japan is too large to show meaningful growth and Aflac U.S. is "too small to move the growth needle," Kamath tells investors in a research note titled "Growth is Hard to Find, Other than in AFL's Valuation Multiples." The analyst estimates the annual earnings growth going forward at 1% and 5%, respectively, which he says is well below peer levels and "at odds" with the stock's valuation.
09/26/17
09/26/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. JPMorgan (JPM) and PNC Financial (PNC) were downgraded to Hold from Buy at Deutsche Bank. 2. Aflac (AFL) downgraded to Sell from Neutral at Citi with analyst Suneet Kamath saying the company is at an inflection point as Aflac Japan is too large to show meaningful growth and Aflac U.S. is "too small to move the growth needle." 3. Cardtronics (CATM) downgraded to Market Perform from Outperform at William Blair with analyst Robert Napoli citing the changes in the Australian market. 4. Cheesecake Factory (CAKE), Shake Shack (SHAK), and Habit Restaurants (HABT) were downgraded to Neutral from Outperform at Wedbush. 5. Genocea (GNCA) downgraded to Hold from Buy at Stifel with analyst Stephen Willey saying his visibility and confidence "remains admittedly low" after the company shelved GEN-003 and said it will shift focus on immuno-oncology and the development of neoantigen cancer vaccines. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/18/17
GSCO
10/18/17
INITIATION
Target $88
GSCO
Neutral
Aflac initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Alex Scott started Aflac with a Neutral rating and $88 price target while initiating coverage of the life insurance industry with a Neutral coverage view.

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