American International Group (NYSE:AIG) Price Target Raised to $87.00

Royal Bank of Canada has increased its price target for American International Group (AIG) to $87.00, maintaining a "sector perform" rating, suggesting a 12.55% potential upside. Despite beating EPS expectations, AIG's revenue fell short of estimates, and analyst sentiment remains mixed, with an average "Hold" rating and a consensus price target of $88.17. Institutional investors hold a significant 90.6% stake in the company.