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Wells Fargo Gives a Hold Rating to American International Group (AIG)

Tipranks - Tipranks - Fri Apr 10, 6:12AM CDT

Wells Fargo analyst Elyse Greenspan assigned a Hold rating to American International Group today and set a price target of $86.00.

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According to TipRanks, Greenspan is a 4-star analyst with an average return of 5.1% and a 52.30% success rate. Greenspan covers the Financial sector, focusing on stocks such as Progressive, Arthur J Gallagher & Co, and Brown & Brown.

In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $78.00 price target.

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Based on American International Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.56 billion and a net profit of $735 million. In comparison, last year the company earned a revenue of $7.17 billion and had a net profit of $898 million

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