TD Cowen Starts AFLAC (AFL) at Hold

TD Cowen analyst Daniel Bergman initiates coverage on AFLAC (NYSE: AFL) with a Hold rating and a price target of $102.

The analyst commented, "We are initiating coverage of AFL with a Hold rating and a price target (PT) of $102. Our PT is based on a sum-of-the-parts analysis, applying P/E multiples to 2025E product line earnings with adjustments for excess capital, liability exposures and investments. Our PT implies a blended P/E multiple of 13.9x 2025E EPS."

For an analyst ratings summary and ratings history on AFLAC click here. For more ratings news on AFLAC click here.

Shares of AFLAC closed at $111.84 yesterday.

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