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AIG
Benzinga
186 days

These Analysts Increase Their Forecasts On AIG Following Q4 Earnings

1. AIG posted Q4 earnings of $1.30 per share, beating expectations. 2. General Insurance net premiums rose to $6.1 billion, a 6% increase. 3. CEO Peter Zaffino highlighted strategic accomplishments and improved financial performance. 4. Analysts adjusted AIG's price targets upward after earnings announcement. 5. Shares declined 0.6% to $76.40 post-announcement.

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FAQ

Why Bullish?

The positive earnings beat and increased price targets indicate investor confidence, similar to past trends where strong earnings led to price gains.

How important is it?

The article discusses AIG's strong earnings and future prospects, directly influencing investor sentiment and potential stock price movements.

Why Short Term?

The immediate impact of earnings and analyst upgrades tends to influence stock price quickly, reminiscent of AIG's past earnings reactions.

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