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Fly News Breaks for May 3, 2016
AIG
May 3, 2016 | 08:25 EDT
After AIG reported lower than expected EPS, Bernstein says that investors will benefit from what it sees as the company's "increasing margins and substantial buybacks." The firm also believes that a potential breakup of the company would benefit shareholders. Bernstein keeps a $75 price target and Outperform rating on the shares.