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AIG

AIG

$44.18

0.38 (0.87%)

06:21
02/14/19
02/14
06:21
02/14/19
06:21

AIG results affirm cautious fundamental outlook, says JPMorgan

JPMorgan analyst Jimmy Bhullar says AIG's "sizable earnings miss" in Q4 affirms his cautious fundamental outlook for the company. He adds that while the valuation "seems enticing," his unchanged Neutral rating reflects concerns about AIG's earnings power, potential adverse reserve development, and expected reductions in Street earnings estimates. The stock has pulled back sharply over the past year, but is down less than the drop in estimates, Bhullar tells investors in a post-earnings research note titled "There Goes the Other Shoe, Life & Retirement; Valuation Depressed, but Fundamental View Cautious." He lowered his price target for the AIG to $52 from $54.

  • 14

    Feb

AIG AIG
$44.18

0.38 (0.87%)

01/15/19
COMP
01/15/19
INITIATION
Target $44
COMP
Neutral
AIG initiated with a Neutral at Compass Point
Compass Point analyst Bijan Moazami initiated AIG with a Neutral and $44 price target. Moazami said AIG is now an overcapitalized entity with significant expense disadvantages, and generates volatile earnings and carries liabilities on the balance sheet that "no-one can trust yet."
01/22/19
DBAB
01/22/19
NO CHANGE
DBAB
Buy
Deutsche Bank closes short-term idea on AIG
Deutsche Bank analyst Joshua Shanker closed his short-term "Catalyst Call" on AIG while keeping a Buy rating on the shares. The analyst still believes the company's Q4 results on February 6 represent a "positive catalyst." He thinks the results will show progress toward management's goal of delivering an underwriting profit for Q1 and fiscal 2019.
02/05/19
FBCO
02/05/19
INITIATION
Target $46
FBCO
Neutral
AIG initiated with a Neutral at Credit Suisse
Credit Suisse analyst Andrew Kligerman started coverage of AIG with a Neutral rating and $46 price target. The analyst notes that AIG targets a ROE of 8% in 2019 and double-digits within 3 years, but there are numerous headwinds. Further, he points out that AIG faces commercial challenges in General Insurance while yield pressure and reversion likely to affect L&R.
02/05/19
02/05/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. AIG (AIG) initiated with a Neutral at Credit Suisse. 2. Box (BOX) initiated with a Buy at Goldman Sachs. 3. Rocket Pharmaceuticals (RCKT) initiated with an Outperform at Oppenheimer. 4. AstraZeneca (AZN) initiated with an Outperform at Exane BNP Paribas. 5. MercadoLibre (MELI) resumed with a Buy at Goldman Sachs. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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AAOI

Applied Optoelectronics

$15.10

0.175 (1.17%)

11:10
02/20/19
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Options
Applied Optoelectronics attracts a defensive option play ahead of earnings »

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Oil Action: WTI crude »

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CVS

CVS Health

$64.96

-4.96 (-7.09%)

, RAD

Rite Aid

$0.77

-0.0121 (-1.56%)

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On The Fly
CVS plunges on weaker guidance after closing Aetna acquisition »

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CVS

CVS Health

$64.96

-4.96 (-7.09%)

RAD

Rite Aid

$0.77

-0.0121 (-1.56%)

CI

Cigna

$195.38

-2.8 (-1.41%)

UNH

UnitedHealth

$269.15

-1.11 (-0.41%)

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MGLN

Magellan Health

$65.33

0.28 (0.43%)

11:05
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MGLN

Magellan Health

$65.33

0.28 (0.43%)

11:05
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Periodicals
Breaking Periodicals news story on Magellan Health »

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WIX

Wix.com

$111.78

-13.92 (-11.07%)

11:05
02/20/19
02/20
11:05
02/20/19
11:05
Downgrade
Wix.com rating change  »

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TKC

Turkcell

$6.97

0.06 (0.87%)

11:02
02/20/19
02/20
11:02
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11:02
Earnings
Turkcell reports FY net income 2.02B liras, consensus 1.93B liras »

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VIA

Viacom

$34.98

0.13 (0.37%)

, VIAB

Viacom

$29.35

0.22 (0.76%)

11:02
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02/20
11:02
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Hot Stocks
Viacom, fuboTV announce distribution partnership »

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VIA

Viacom

$34.98

0.13 (0.37%)

VIAB

Viacom

$29.35

0.22 (0.76%)

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HRL

Hormel Foods

$42.86

-0.45 (-1.04%)

11:00
02/20/19
02/20
11:00
02/20/19
11:00
Options
Put buyers gobble up positions in Hormel Foods ahead of earnings »

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WIX

Wix.com

$112.09

-13.61 (-10.83%)

10:56
02/20/19
02/20
10:56
02/20/19
10:56
Downgrade
Wix.com rating change  »

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SJM

J.M. Smucker

$106.49

2.47 (2.37%)

10:54
02/20/19
02/20
10:54
02/20/19
10:54
Earnings
J.M. Smucker issues preliminary FY20 adjusted EPS growth outlook of 3%-4% »

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SJM

J.M. Smucker

$106.08

2.06 (1.98%)

10:52
02/20/19
02/20
10:52
02/20/19
10:52
Hot Stocks
J.M. Smucker sees FY20 outlook helped by pet prices, hurt by peanut butter price »

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ETM

Entercom

$7.73

0.22 (2.93%)

10:50
02/20/19
02/20
10:50
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10:50
Options
Pre-earnings call buying in Entercom Communications »

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SJM

J.M. Smucker

$106.00

1.98 (1.90%)

10:48
02/20/19
02/20
10:48
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10:48
Earnings
J.M. Smucker repeats FY19 adjusted EPS view of $8.00-$8.20, consensus $8.01 »

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TGEN

Tecogen

$3.84

(0.00%)

10:48
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Tecogen secures $8.4M trigeneration project in Manhattan »

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TKC

Turkcell

$6.97

0.06 (0.87%)

10:47
02/20/19
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Breaking Hot Stocks news story on Turkcell »

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HON

Honeywell

$153.66

0.39 (0.25%)

10:43
02/20/19
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Hot Stocks
Breaking Hot Stocks news story on Honeywell »

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HON

Honeywell

$153.66

0.39 (0.25%)

10:41
02/20/19
02/20
10:41
02/20/19
10:41
Hot Stocks
Honeywell says UOP has been 'very disciplined' on the cost side »

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FITB

Fifth Third

$27.49

-0.025 (-0.09%)

10:40
02/20/19
02/20
10:40
02/20/19
10:40
Options
Bearish option flow in Fifth Third Bancorp »

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10:40
02/20/19
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10:40
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10:40
General news
Money market rates have dipped »

Money market rates have…

10:35
02/20/19
02/20
10:35
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10:35
Conference/Events
Morgan Stanley sports/footwear analyst to hold analyst/industry conference call »

Sports & Footwear…

KO

Coca-Cola

$44.99

0.17 (0.38%)

10:30
02/20/19
02/20
10:30
02/20/19
10:30
Options
Vote of confidence in Coca Cola »

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ARW

Arrow Electronics

$81.74

0.73 (0.90%)

10:28
02/20/19
02/20
10:28
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10:28
Hot Stocks
Arrow Electronics CEO sells over $4.3M worth of shares »

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  • 03

    Mar

10:25
02/20/19
02/20
10:25
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10:25
Conference/Events
Credit Suisse analysts to hold an analyst/industry conference call »

Analysts discuss the HOLT…

10:25
02/20/19
02/20
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UBS alternative energy analyst to hold an analyst/industry conference call »

Alternative Energy…

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