AIG consensus estimates 'far too aggressive,' says Sterne Agee Sterne Agee believes the key question following AIG's Q2 results is whether the company's capital management can offset the likely slowdown in P&C margin improvement. The firm continues to believe the consensus estimates for AIG are "far too aggressive" and keeps a Neutral 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.