UPDATE: Citigroup Downgrades AFLAC on Limited Near-Term Catalysts
November 04, 2013 at 10:22 AM EST
In a report published Monday, Citigroup analyst Erik J. Bass downgraded the rating on AFLAC (NYSE: AFL ) from Buy to Neutral, and lowered the price target from $71.00 to $70.00. In the report, Citigroup noted, “Our bullish thesis on AFL was largely predicated on reaccelerating EPS growth leading to
