Aflac raised to Buy at FBR

|About: Aflac Incorporated (AFL)|By:, SA News Editor

Aflac (AFL) is ready to close its 30% YTD underperformance gap to peers, says analyst Randy Binner, thanks to the boost to sales from the Japan Post deal, better news on solvency margin ratio (SMR), and yen repatriation.

Previous: Aflac management believes the Japan Post alliance is a game-changer.

The price target is lifted to $71 from $60.