Keefe Bruyette lowered the firm’s price target on AIG (AIG) to $91 from $97 and keeps an Outperform rating on the shares. AIG’s continuing expense ratio-driven underwriting margin progress, improving premium growth, and strong capital return should drive outperformance over the next 12 months, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on AIG: