Bank of America and Mizuho Lower AIG Price Targets While Maintaining Neutral Ratings
Bank of America and Mizuho Financial Group have both lowered their price targets for American International Group (AIG) while maintaining Neutral ratings. The adjustments reflect updated assessments of the insurance sector, with Bank of America reducing its target to $79 from $80 and Mizuho lowering its target to $84 from $86. AIG's management remains optimistic about its 2026 performance, targeting low- to mid-teens growth in net premiums and aiming to reduce its expense ratio below 30% by 2027.
Tickers: $AIG
Topics: AIG analyst ratings earnings call insurance industry price targets