Citigroup Initiates AIG At Buy

Analysts at Citigroup initiated coverage on shares of American International Group

with a Buy rating. The target price for American International Group is set to $68. AIG shares have gained 11.89% over the past 52 weeks, while the S&P 500 index has surged 20.10% in the same period. AIG's shares rose 0.84% to $55.50 in pre-market trading.