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Grabitwhileitscheap

Grabitwhileitscheap
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  • AIG's huge run is halted for the moment as Goldman has seen enough, downgrading the stock to Hold. Still bullish on the AIG's business prospects, analyst Michael Nannizzi says it's priced into the stock. Further gains would need to come from a big dividend or buyback announcement, and he's not convinced AIG is ready to go there for just yet. Shares -2.9% permarket. [View news story]
    I guess Goldmann just missed AIG's recent run up so they downgraded the stock to grab it while it's still cheap.
    May 7 08:04 AM | 1 Like Like |Link to Comment
  • AIG's huge run is halted for the moment as Goldman has seen enough, downgrading the stock to Hold. Still bullish on the AIG's business prospects, analyst Michael Nannizzi says it's priced into the stock. Further gains would need to come from a big dividend or buyback announcement, and he's not convinced AIG is ready to go there for just yet. Shares -2.9% permarket. [View news story]
    I guess Goldman Sachs just missed the recent run-up of $AIG so they downgraded the stock to grab it while its cheap.
    May 7 08:04 AM | 3 Likes Like |Link to Comment
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