Bank of America and Mizuho Cut AIG Price Targets, Maintain Neutral Ratings

American International Group, Inc. (NYSE:AIG) is included among the 12 High Dividend Stocks Picked by Billionaire Ray Dalio.

Bank of America and Mizuho Cut AIG Price Targets, Maintain Neutral Ratings

On April 14, Bank of America analyst Joshua Shanker lowered the firm’s price recommendation on American International Group, Inc. (NYSE:AIG) to $79 from $80. It reiterated a Neutral rating on the shares. The firm adjusted its price targets across US insurance coverage to reflect Q4 developments and updated peer multiples.

On April 13, Mizuho Financial Group analyst Yaron Kinar also lowered the firm’s price target on AIG to $84 from $86. It maintained a Neutral rating. The firm revised estimates and targets across its North America insurance coverage. It said it remains most constructive on brokers, expects pricing pressure in commercial lines to ease for property and casualty insurers, and views the setup for life insurers as “the most challenging.”

During the Q4 2025 earnings call, CEO Peter Zaffino indicated that the company is targeting net premiums written growth in the low- to mid-teens range for its General Insurance segment in 2026. He added that the year had already started on a notably strong footing. Management also reiterated its focus on cost discipline. It said the company remains on track to bring the expense ratio below 30% by 2027. CFO Keith Walsh suggested that the company is in a solid position to meet or potentially exceed all of its Investor Day targets within that timeframe, or even sooner.

American International Group, Inc. (NYSE:AIG) is a global insurance company. It provides insurance solutions to businesses and individuals in over 200 countries and jurisdictions, helping them protect assets and manage risk through its operations, licenses, authorizations, and network partners. Its segments include General Insurance and Other Operations.

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