AFLAC (NYSE: AFL) Initiated With a Hold Rating at Sandler O'Neill
Oct 01, 2009 (Fresh Brewed Media via COMTEX) --
Company: AFLAC, Inc. (AFL)
AFLAC (NYSE: AFL) opened at $42.44. So far today, the stock has hit a low of $41.72 and a high of $42.75. AFL is now trading at $41.84, down $.91 (-2.12%). The stock hit its 52-Week high of $60.73 in October 2008 and set its 52-Week low of $10.83 in March. The stock is fading a bit today along with the overall market after Sandler O'Neill initiated coverage on the stock today with a "hold" rating. Technical indicators for the stock are neutral and S&P gives AFL a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AFL the stock seems like it could be a candidate for a November in-the-money call debit spread below the 37 range.
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Company: AFLAC, Inc. (AFL)
Related terms: market, money, nyse, S&P
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