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Wells Fargo Sticks to Their Hold Rating for American International Group (AIG)

Tipranks - Thu Jan 8, 11:28AM CST

In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on American International Group, with a price target of $83.00.

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According to TipRanks, Greenspan is a 4-star analyst with an average return of 7.1% and a 58.12% success rate. Greenspan covers the Financial sector, focusing on stocks such as Progressive, Allstate, and Arthur J Gallagher & Co.

In addition to Wells Fargo, American International Group also received a Hold from TipRanks – OpenAI’s OpenAI Insurance – Diversified in a report issued today. However, yesterday, KBW maintained a Buy rating on American International Group (NYSE: AIG).

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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