AIG upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded AIG on expectations the U.S. government will exit its stake in the company over the next year, providing a boost to shares. The firm raised its price target range for AIG shares to $40-$45 from $27-$30.
AIG upgraded to Buy from Hold at Deutsche Bank Deutsche Bank upgraded AIG to Buy citing valuation following the recent pullback in shares. Deutsche believes concerns that Starr International could succeed in its trial against the U.S. Government are overblown. It raised its price target for AIG shares to $60 from $59.