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Fly News Breaks for February 12, 2016
AIG
Feb 12, 2016 | 07:39 EDT
UBS said the underlying fundamentals in AIG continue to deteriorate and they remain skeptical of the company's guidance for underlying loss ratio improvement in its Commercial P&C business. The firm noted the addition of activist investors to its board, but they do not believe the activist's plan for breaking up the company is value additive currently. UBS reiterated its Neutral rating and $65 price target on AIG shares.
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AIG
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