Options expected to have increasing volume: AIG PYPL SKX PG HON

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American International Group (AIG) PT Lowered to $52 at Deutsche Bank on 'Surprisingly High' Cat Loss

October 19, 2018 8:20 AM EDT

Deutsche Bank analyst Joshua Shanker lowered the price target on American International Group (NYSE: AIG) to $52.00 (from $54.00) while maintaining a Hold rating.

Shanker commented, "Tonight's release outlines 3Q18 catastrophe losses well above our forecast for the quarter (formerly$530mn). The cat losses... More