Piper Sandler Raises Aflac Price Target, Favors Insurance Carriers Over Brokers
On May 26, Piper Sandler analyst John Barnidge raised the price target for Aflac (AFL) to $130 from $125 and maintained an 'Overweight' rating. The firm is favoring insurance carriers over brokers due to stronger underwriting performance by carriers compared to weaker organic growth in broker segments.
Tickers: $AFL