Morgan Stanley Initiates Coverage On American Intl Gr with Equal-Weight Rating, Announces Price Target of $57
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Michael Phillips initiates coverage on American Intl Gr (NYSE:AIG) with an Equal-Weight rating and announces a price target of $57.
June 20, 2023 | 11:03 am
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Morgan Stanley initiates coverage on American Intl Gr (AIG) with an Equal-Weight rating and a price target of $57.
Morgan Stanley's initiation of coverage on AIG with an Equal-Weight rating suggests a neutral outlook for the stock. The price target of $57 indicates the analyst's expectation for the stock's performance. This news is relevant and important for AIG investors, but the neutral rating suggests no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100