AIG's price target is upped to $47 from $41 at Deutsche Bank which says bears - overly focused...

|By:, SA News Editor
AIG's price target is upped to $47 from $41 at Deutsche Bank which says bears - overly focused on low ROE and earnings - are ignoring the value to be unlocked by the company's cash-generating assets. Seeing improvement in the underwriting ratio on the insurer's commercial lines, Goldman suggests EPS of $4.37 in 2015, implying 20% earnings growth.