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Analysts Offer Insights on Financial Companies: AFLAC (AFL), Equinix (EQIX) and First Republic Bank (FRC)

Analysts have been eager to weigh in on the Financial sector with new ratings on AFLAC (AFLResearch Report), Equinix (EQIXResearch Report) and First Republic Bank (FRCResearch Report).

AFLAC (AFL)

In a report issued on August 2, Mark Dwelle from RBC Capital maintained a Hold rating on AFLAC, with a price target of $66.00. The company’s shares closed last Wednesday at $59.01.

According to TipRanks.com, Dwelle is a 5-star analyst with an average return of 10.6% and a 58.9% success rate. Dwelle covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American Equity Investment Life, and Marsh & Mclennan Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AFLAC with a $61.14 average price target, which is a 4.1% upside from current levels. In a report issued on July 27, Citigroup also maintained a Hold rating on the stock with a $59.00 price target.

See the top stocks recommended by analysts >>

Equinix (EQIX)

In a report issued on August 1, Jonathan Atkin from RBC Capital maintained a Buy rating on Equinix, with a price target of $820.00. The company’s shares closed last Wednesday at $696.16.

According to TipRanks.com, Atkin is a top 25 analyst with an average return of 15.7% and a 76.4% success rate. Atkin covers the Technology sector, focusing on stocks such as Cyxtera Technologies, Megaport Ltd., and GDS Holdings.

Equinix has an analyst consensus of Moderate Buy, with a price target consensus of $770.27, which is an 11.7% upside from current levels. In a report issued on July 28, Oppenheimer also upgraded the stock to Buy with a $750.00 price target.

First Republic Bank (FRC)

RBC Capital analyst Jon Arfstrom maintained a Hold rating on First Republic Bank on August 2 and set a price target of $180.00. The company’s shares closed last Wednesday at $162.94.

According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of 20.6% and a 56.3% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and Provident Financial Services.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Republic Bank with a $182.17 average price target.

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