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UPDATE: Deutsche Bank Raises PT to $47 on American International Group on Risk/Reward

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UPDATE: Deutsche Bank Upgrades American International Group
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Deutsche Bank maintained American International Group (NYSE: AIG) with a Buy rating and raised the price target from $41.00 to $47.00.

Deutsche Bank commented, "AIG appears as a high beta risky name, but we believe the stock continues to hold attractive upside without significantly more risk than other insurers. We believe that bearish investors are focused too heavily on the low ROE and low EPS at AIG, ignoring the significant value to be unlocked by cash-generating assets that don't produce GAAP after-tax income."

American International Group closed at $37.06 on Monday.

Latest Ratings for AIG

DateFirmActionFromTo
Oct 2014Deutsche BankUpgradesHoldBuy
Oct 2014Sterne AgeeMaintainsNeutral
Oct 2014Keefe Bruyette & WoodsMaintainsMarket Perform

View More Analyst Ratings for AIG
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Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

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