Wells Fargo Downgrades American International Group (AIG) to Market Perform Cites Lack of NT Catalysts
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Price: $76.66 +1.12%
Rating Summary:
16 Buy, 22 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 13 | New: 26
Rating Summary:
16 Buy, 22 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 13 | New: 26
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Wells Fargo downgraded American International Group (NYSE: AIG) from Outperform to Market Perform and lowered its valuation range from $44-$49 to $38-$40.
"While we believe that AIG shares remain attractively priced, we are less optimistic about the emergence of near-term catalysts to push the shares higher in 2013," the analyst said.
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 $35.76 yesterday.
"While we believe that AIG shares remain attractively priced, we are less optimistic about the emergence of near-term catalysts to push the shares higher in 2013," the analyst said.
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 $35.76 yesterday.
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