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AIG price target lowered to $76 from $77 at Wells Fargo
The Fly

AIG price target lowered to $76 from $77 at Wells Fargo

Wells Fargo lowered the firm’s price target on AIG (AIG) to $76 from $77 and keeps an Equal Weight rating on the shares. The firm notes shares traded down post earnings owning to the company guiding down for net interest income in Q4 and guiding to a 10% ROE in 2024. While they are probably including some conservatism, Wells shakes out at a 10.3% ROE in 2025 and 10.8% in 2026.

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