TD Cowen Reviews Aflac (AFL) Ahead of Q4 Life Insurance Preview

Aflac Incorporated (NYSE:AFL) is included among the Dividend Growth Stocks: 25 Aristocrats.

On January 28, TD Cowen trimmed its terms people connected Aflac Incorporated (NYSE:AFL) to $100 from $102 and kept a Hold rating. The alteration was portion of a broader fourth-quarter preview crossed the beingness security group. TD Cowen said it expects a humble headwind from little returns connected alternate investments but continues to instrumentality a balanced presumption connected the assemblage overall.

Separately, Aflac has been dealing with the fallout from a large cybersecurity incident. In June, the institution disclosed that hackers had gained entree to lawsuit data, though it initially said it was unclear however galore radical were affected. By December, Aflac confirmed that the breach progressive accusation tied to astir 22.65 cardinal individuals.

A filing with the Texas Attorney General elaborate the scope of the stolen data, which included lawsuit names, dates of birth, location addresses, government-issued ID numbers, Social Security numbers, driver’s licence details, and aesculapian and wellness security information, according to TechCrunch. Aflac said it has begun notifying affected customers and is outlining the enactment and resources disposable to them arsenic portion of its response.

The institution said successful a statement:

“To date, Aflac is not alert of immoderate fraudulent usage of idiosyncratic accusation and — on with third-party partners — volition proceed to show immoderate fraudulent activity.”

Aflac Incorporated (NYSE:AFL) provides supplemental security and fiscal extortion products done its subsidiaries, with operations chiefly focused successful the United States and Japan.

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Disclosure: None.