UPDATE: Raymond James Downgrades Aflac on Valuation
October 30, 2013 at 11:27 AM EDT
In a report published Wednesday, Raymond James analyst Steven D. Schwartz downgraded the rating on Aflac (NYSE: AFL ) from Outperform to Market Perform, and removed the $68.50 price target. In the report, Raymond James noted, “We are lowering our rating on shares of Aflac to Market Perform from Outperform
