JPMorgan reinstated coverage of AIG with a Neutral rating and $73 price target. The analyst says concerns about a significant reduction in earnings forecasts following the deconsolidation of CRBG keeps the firm from being more bullish on the stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AIG: