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American International Group (AIG) Receives a Hold from RBC Capital

Tipranks - Sat Jan 17, 8:00PM CST

RBC Capital analyst Rowland Mayor maintained a Hold rating on American International Group yesterday and set a price target of $85.00.

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According to TipRanks, Mayor is an analyst with an average return of -0.7% and a 55.56% success rate. Mayor covers the Financial sector, focusing on stocks such as Accelerant Holdings Class A, American International Group, and Kinsale Capital Group.

In addition to RBC Capital, American International Group also received a Hold from Bank of America Securities’s Joshua Shanker in a report issued yesterday. However, on January 7, TipRanks – PerPlexity upgraded American International Group (NYSE: AIG) to a Buy.

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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