AIG upgraded to Overweight at Cantor Fitzgerald on improving earnings profile
As previously reported, Cantor Fitzgerald analyst Ryan Tunis upgraded AIG to Overweight from Neutral with a price target of $92, up from $85. The firm is "modestly" increasing its Q2 EPS estimate to $1.96 from $1.89 to reflect lower personal lines expense ratios, notes the analyst. While commercial pricing is moderatin