Wells Fargo Sticks to Their Hold Rating for American International Group (AIG)
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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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
Read More on AIG:
Disclaimer & DisclosureReport an Issue
- AIG price target lowered to $85 from $90 at Evercore ISI
- Balanced Risk/Reward Amid Leadership Transition and Soft Market Keeps AIG at Hold
- American International Group Announces CEO Succession and Transition
- AIG Stock (AIG) Falls 7% As CEO Announces Retirement
- AIG price target raised to $96 from $91 at Keefe Bruyette
