Aflac (AFL -3.7%) is cut to Sell from Neutral at UBS with a reduced price target of $34 from...
Aflac (AFL -3.7%) is cut to Sell from Neutral at UBS with a reduced price target of $34 from $39, citing remaining overexposure to Europe despite de-risking efforts. UBS also flags the potential for decelerating EPS growth at the insurer, in part because the company could slow share buybacks if significant European credit losses materialize.
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