Fly News Breaks for July 7, 2019
AIG
Jul 7, 2019 | 18:22 EDT
Keefe Bruyette analyst Meyer Shields raised his price target for AIG to $62 from $58 to reflect higher estimated alternatives investment income in Q2 and a lower 2020 tax rate. The analyst, who also boosted his earnings estimates, expects AIG shares to keep outperforming. He keeps an Outperform rating on the name.
News For AIG From the Last 2 Days
AIG
Apr 15, 2024 | 20:52 EDT
Citi raised the firm's price target on AIG to $87 from $79 and keeps a Buy rating on the shares as part of a Q1 earnings preview for the commercial property and casualty insurance broker space. Commercial focused underwriters and insurance brokers remain relatively well situated heading into the quarter, says Citi, which prefers brokers given leverage to pricing, and concerns around casualty lines in commercial lines. The analyst believes organic growth and margins for brokers should remain relatively stable, supporting continued outperformance.