In a report published Tuesday, Morgan Stanley analyst Nigel Dally reiterated an Equal-Weight rating on Aflac AFL.
In the report, Morgan Stanley noted, “ We remain Equal-weight on Aflac following its Japan investor day, which had few surprises. While we consider the valuation to be relatively attractive, there are a range of risk factors that have the potential to weigh on the outlook, leading us to recommend investors presently stay on the sidelines.”
Aflac closed on Monday at $59.84.
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