JPMorgan Chase Lowers Aflac's Stock Price Target

Aflac's stock price target was lowered by JPMorgan Chase & Co. from $117 to $116, indicating a potential downside of 4.27%.

Despite this change, several other analysts have increased their price targets for Aflac in recent weeks, with Keefe, Bruyette & Woods boosting its target to $125 and Morgan Stanley upping its target to the same amount.

The company's quarterly earnings results, reported on August 6th, showed a revenue decrease of 1% compared to the same quarter last year, but analysts still expect Aflac to post EPS of 7.05 for the current year.