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Fly News Breaks for August 9, 2019
AIG
Aug 9, 2019 | 09:40 EDT
RBC Capital analyst Mark Dwelle raised his price target on AIG to $68 and kept his Outperform rating after its Q2 results, saying this was the "breakout quarter" for the company with strong earnings growth and "noteworthy" margin improvement. The analyst contends that AIG's pricing trends in P&C are gaining strength as its repositioning efforts continue.