AIG fourth-quarter profit tops target; virus, disaster, derivatives weigh on results

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American International Group (AIG) PT Raised to $49 at RBC Capital

February 17, 2021 4:26 PM EST

RBC Capital analyst Mark Dwelle raised the price target on American International Group (NYSE: AIG) to $49.00 (from $39.00) while maintaining a Outperform rating.

The analyst comments "We are constructive on Q4 results with strong investment results compensating for higher-than-anticipated cat losses and a... More