Wells Fargo analyst Elyse Greenspan has increased the price target for Aflac (AFL) to $118 from $109, while maintaining an Equal Weight rating. The firm revised its earnings per share estimates due to sector-wide fourth-quarter guidance and updated its valuation approach to reflect 2027 and 2028 EPS. Aflac’s Chairman and CEO, Daniel Amos, reported strong financial performance with significant sales growth in Aflac Japan, particularly from new insurance products, and robust new sales in Aflac U.S., alongside substantial capital returns to shareholders.
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Wells Fargo Raises Aflac (AFL) Target, Revises Earnings Outlook and Valuation Approach
Wells Fargo analyst Elyse Greenspan has increased the price target for Aflac (AFL) to $118 from $109, while maintaining an Equal Weight rating. The firm revised its earnings per share estimates due to sector-wide fourth-quarter guidance and updated its valuation approach to reflect 2027 and 2028 EPS. Aflac’s Chairman and CEO, Daniel Amos, reported strong financial performance with significant sales growth in Aflac Japan, particularly from new insurance products, and robust new sales in Aflac U.S., alongside substantial capital returns to shareholders.