By: Benzinga
January 10, 2013 at 10:21 AM EST
UPDATE: Citigroup Initiates AFLAC at Buy on Earnings Strength
Citigroup initiated coverage on AFLAC (NYSE: AFL ) with a Buy rating and a $62.00 price target. Citigroup said, "We consider AFL to be one of the premier franchises in the life insurance sector given its superior ROE and consistent earnings. In our view, results have reached an inflection point,
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