Wolfe Research Initiates Coverage On Aflac with Underperform Rating, Announces Price Target of $103
Wolfe Research analyst Tracy Benguigui initiates coverage on Aflac (NYSE:AFL) with a Underperform rating and announces Price Target of $103.
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Jim Cramer Recommends Buying This Communication Services Stock, Calling It ‘Amazing’
Cramer backs Sphere and Cameco, urges selling AppLovin, criticizes Honeywell and QXO, and sees limited-risk upside in Aflac.
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Aflac shares are trading lower. Wells Fargo maintained its Equal-Weight rating on the stock raised its price target from $120 to $122.
Wells Fargo Maintains Equal-Weight on Aflac, Raises Price Target to $122
Wells Fargo analyst Wesley Carmichael maintains Aflac (NYSE:AFL) with a Equal-Weight and raises the price target from $120 to $122.
Shares of communications services are trading higher after AI executives from firms including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit competition in content creation, advertising sales and other areas. The sector's cash flow from ads and subscription revenue may also be attractive to investors amid elevated bond yields, inflation fears and interest rate expectations.
Morgan Stanley Maintains Overweight on AppLovin, Lowers Price Target to $450
Morgan Stanley analyst Matthew Cost maintains AppLovin (NASDAQ:APP) with a Overweight and lowers the price target from $650 to $450.
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