AIG Stock: $58 Target (Up From $52) By RBC Capital

By Amit Chowdhry ● May 12, 2021
  • The shares of American International Group Inc (NYSE: AIG) have received a price target increase from $52 to $58 by RBC Capital. These are the details.

The shares of American International Group Inc (NYSE: AIG) have received a price target increase from $52 to $58 by RBC Capital. And RBC Capital analyst Mark Dwelle is maintaining an “Outperform” rating on the company shares.

Dwelle pointed out that the company’s first quarter results were positive due to the core margin improvements coming from expense reduction efforts. And Dwelle noted that AIG’s premium growth has been a good sign since the management also guided for further growth ahead as the Life & Retirement segment results were fairly solid.

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