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S&P Equity Upgrade Pushes AIG Shares Higher

September 21, 2009 1:04 PM EDT
AIG Hot Sheet
Rating Summary:
    8 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
According to reports from Dow Jones news, AIG (NYSE: AIG) was upgraded earlier by an analyst at S&P Equity Research. The firm moved its investment rating on the volatile insurer from Sell to Hold.

The firm's upgrade follows reports that Chairman of the House Oversight and Government Reform Committee, Edolphus Towns, has told committee members to review a proposal to loosen the term's of AIG's government bailout.

Shares of AIG have rallied more than 11% today, most recently trading at $44.40.

To see all the market-moving analyst upgrades/downgrades on shares of AIG, visit our Analyst Ratings page.

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Maurice R. "Hank" Greenberg, S&P Equity Research, Standard & Poor's

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