AIG price target raised to $82 from $80 at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields raised the firm’s price target on AIG to $82 from $80 and keeps an Outperform rating on the shares following the Q4 report. The analyst expects AIG’s continuing underwriting margin progress, ongoing simplification, and aggressive capital return to drive outperformance over and beyond the next 12 months.