Mizuho Initiates Coverage on Aflac (AFL) with Cautious Outlook Citing Stagnant Sales Growth

Aflac Incorporated (NYSE:AFL) is one of the most profitable value stocks to invest in right now. On December 16, Mizuho initiated coverage of Aflac with an Underperform rating and $104 price target. Mizuho maintains a cautious outlook on Aflac’s sales performance in its key Japanese and US markets. The firm believes that stagnant sales growth will effectively cap long-term earnings potential. Earlier on December 3, Ameriflex and Aflac announced a partnership to enhance the delivery of consumer-directed h ...