TD Cowen Lifts Aflac (AFL) Target, Holds Neutral View

Aflac Incorporated (NYSE:AFL) is included among the 14 Best Dividend Growth Stocks to Buy and Hold in 2026.

On December 22, TD Cowen raised its price target on Aflac Incorporated (NYSE:AFL) to $102 from $100 and kept a Hold rating on the shares. The update followed a review of the company’s third-quarter results and revisions to the firm’s model.

In June, Aflac disclosed that hackers had gained access to customer data, though it said at the time it could not determine how many individuals were affected. Later in December, the insurer confirmed that the cyberattack impacted data tied to roughly 22.65 million people.

According to a filing with the Texas Attorney General, the stolen information included customer names, birthdates, home addresses, government-issued ID numbers, Social Security numbers, driver’s license numbers, and medical and health insurance details, TechCrunch reported. Aflac said it has begun notifying affected individuals and is outlining the support resources being made available to them as part of the response. The company made the following statement:

“To date, Aflac is not aware of any fraudulent use of personal information and — along with third-party partners — will continue to monitor any fraudulent activity.”

Aflac Incorporated (NYSE:AFL) provides financial protection products through its subsidiaries, with operations primarily in the United States and Japan.

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