Aflac price target lowered to $95 from $98 at Barclays

Barclays analyst Alex Scott lowered the firm’s price target on Aflac (AFL) to $95 from $98 and keeps an Underweight rating on the shares. The company’s earnings missed estimates driven by lower than expected earnings in Corporate and a higher consolidated tax rate, the analyst tells investors in a research note. The firm views the quarter unfavorably in light of new guidance pointing toward the lower end of their margin range for Japan.