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American Financial Group price target raised to $140 from $134 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on American Financial Group (AFG) to $140 from $134 and keeps a Market Perform rating on the shares. The firm’s review of its year-end 2025 statutory loss reserves indicates an overall $746M redundancy that should sustain steady 2026/2027 net reserve releases, the analyst tells investors in a research note.

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