AIG price target raised to $47 from $41 at Deutsche Bank Deutsche Bank believes those negative on AIG shares are overly focused on the company's low return-on-equity and earnings, while ignoring the value to be unlocked by the company's cash-generating assets. The firm raised its price target for AIG shares to $47 and reiterates a Buy rating on the stock.
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.