Bank of America cuts target for Aflac stock to USD 133.00
π Bank of America lowered its price target for Aflac stock from USD 137.00 to USD 133.00 on October 13, 2026.
π° Aflac reported second-quarter revenue of USD 4.22 billion, beating the USD 4.11 billion analyst consensus.
π Earnings per share for the quarter were USD 1.75, missing the USD 1.76 market expectation.
π’ Aflac maintains a market capitalization of approximately USD 59.3 billion as of October 13, 2026.
π The company is scheduled to release third-quarter results after market close on November 4, 2026.
ποΈ An earnings webcast for the third quarter is set for November 5, 2026 at 8:00 a.m. ET.
π MarketBeat lists Aflac's one-year trading range between USD 105.43 and USD 130.22.
π·οΈ Bank of America maintains a buy rating for Aflac despite the price target reduction.
- Aflac achieved second-quarter revenue of USD 4.22 billion, surpassing analyst expectations of USD 4.11 billion, indicating sustained demand.
- Bank of America maintains a buy rating for Aflac stock even after lowering the price target.
- Aflac's second-quarter earnings per share of USD 1.75 missed the consensus estimate of USD 1.76, signaling profitability concerns.
- Bank of America reduced its price target from USD 137.00 to USD 133.00 following the earnings miss.