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Evercore ISI Keeps Their Hold Rating on American International Group (AIG)

Tipranks - Tipranks - Thu Feb 12, 8:50AM CST

Evercore ISI analyst David Motemaden maintained a Hold rating on American International Group today and set a price target of $85.00.

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According to TipRanks, Motemaden is a 4-star analyst with an average return of 4.6% and a 52.82% success rate. Motemaden covers the Financial sector, focusing on stocks such as Everest Group, S&P Global, and Aon.

In addition to Evercore ISI, American International Group also received a Hold from Goldman Sachs’s Robert Cox CFA in a report issued today. However, on the same day, Piper Sandler maintained a Buy rating on American International Group (NYSE: AIG).

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Based on American International Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.4 billion and a net profit of $519 million. In comparison, last year the company earned a revenue of $6.76 billion and had a net profit of $459 million

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