Credit Suisse Downgrades American International Group (AIG) to Neutral

Credit Suisse downgraded American International Group (NYSE: AIG) from Outperform to Neutral with a price target of $59.00 (from $60.00).

Analyst T. Gallagher said while they continue to view AIG as the best positioned non-bank SIFI, the company is currently very close to its maximum sustainable payout ratio-while MET and PRU have room to go higher.

For an analyst ratings summary and ratings history on American International Group click here. For more ratings news on American International Group click here.

Shares of American International Group closed at $54.48 yesterday.

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