Wells Fargo analyst Elyse Greenspan raised the firm’s price target on AIG (AIG) to $82 from $81 and keeps an Equal Weight rating on the shares. The firm says its outer year estimates go down on a higher assumed North America commercial underlying loss ratio given pricing that has fallen below loss cost trend and lower net interest income.
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Read More on AIG:
- Positive Outlook for AIG: Strategic Market Expansion and Robust Capital Management Justify Buy Rating
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- AIG’s Earnings Call Highlights Robust Growth and Strategic Advancements
- AIG’s Mixed Performance: Hold Rating Amid Earnings Beat and ROE Challenges
- AIG price target raised to $93 from $92 at Barclays