As previously reported, Piper Sandler analyst Paul Newsome downgraded American Financial Group to Neutral from Overweight with a $129 price target. The firm thinks American Financial Group is facing a high-class problem. Its ROE is probably near its cyclical peak and earnings growth will be limited as calendar underwriting margins are likely be to stable into the future, Piper argues.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AFG: