Truist analyst Mark Hughes raised the firm’s price target on Aflac to $80 from $70 and keeps Hold rating on the shares after its Q2 earnings beat. The firm cites the management indicating that Japan’s recovery from the pandemic is a tailwind in the period even as Aflac continued its rollout of the new WINGS cancer product. Aflac shares are fairly valued at the high end of the Life group, the analyst tells investors in a research note.
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