BMO Capital Downgrades American Intl Gr to Market Perform, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded American International Group (AIG) from Outperform to Market Perform and reduced its price target from $90 to $84.
October 15, 2024 | 11:38 am
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BMO Capital has downgraded AIG from Outperform to Market Perform, reducing the price target from $90 to $84, indicating a less optimistic outlook.
The downgrade from Outperform to Market Perform suggests that BMO Capital sees less potential for AIG's stock to outperform the market. The lowered price target from $90 to $84 indicates a reduced valuation expectation, which could lead to short-term selling pressure on AIG's stock.
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