AIG strikes deal with Icahn, avoids proxy fight
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Raising AIG (AIG) Ests and PT on Buybacks and Lower Tax Rate - Piper Jaffray
February 12, 2016 7:28 AM ESTPiper Jaffray analyst, John Nadel, raised his PT on AIG (NYSE: AIG) $68 and reiterated his Overweight rating as Core results were in line, the company avoided a proxy battle and the company demonstrated good capital management.
AIG reported a 4Q15 op. loss of ($1.35B) vs. Piper's estimate of ($1.42B). Op. EPS was ($1.10) vs. consensus ($0.92). Ex. $2.67B of one-time expenses, core op.... More
