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

Group 1: Company Overview - Aflac Incorporated (NYSE:AFL) provides supplemental insurance and financial protection products primarily in the United States and Japan [3]. Group 2: Price Target Adjustment - TD Cowen has reduced its price target for Aflac from $102 to $100 while maintaining a Hold rating, citing modest headwinds from lower returns on alternative investments [1]. Group 3: Cybersecurity Incident - Aflac experienced a significant cybersecurity breach, with hackers accessing customer data affecting approximately 22.65 million individuals [2]. - The stolen data included sensitive information such as names, dates of birth, home addresses, Social Security numbers, and health insurance details [3]. - Aflac is notifying affected customers and providing support resources, while stating that it is not aware of any fraudulent use of the compromised personal information [3].