Barclays analyst Tracy Benguigui raised the firm’s price target on AIG to $68 from $66 and keeps an Equal Weight rating on the shares post the Q3 report. The analyst says AIG can afford to shrink business lines where it is not seeing the risk/reward like financial lines.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AIG: