Barclays analyst Alex Scott downgraded AIG (AIG) to Equal Weight from Overweight with a price target of $88, down from $95. The firm believes AIG’s recent transactions with Convex, Onex, and Everest offer limited accretion potential with heightened execution risk It sees limited attractive growth opportunities for AIG in the current pricing environment. Barclays cites the company’s less attractive growth when considering the associated risks for the downgrade.
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