Bullish Notes for Candy Crush Maker & GNC; Downgrade for Aflac

GNC Holdings (GNC) is upgraded while King Digital (KING) is reiterated and Aflac (AFL) gets a downgrade in Friday's Analysts' Actions. Aflac was downgraded to NEUTRAL from BUY by analysts at Bank of America/Merrill Lynch. The firm also lowered its price target to $66 from $73, citing Aflac's disappointing growth guidance as well as continued yen currency weakness. Goldman Sachs upgraded GNC to BUY from NEUTRAL. Goldman raised the price target to $49 from $44 saying its confidence in strategic turnaround efforts is firmed. King Digital (KING) had its OUTPERFORM rating reiterated by analysts at Wedbush following the company's third quarter revenue beat. Despite the optimistic outlook, the firm also lowered the Candy Crush video game maker's price target to $21 from $22.