Bank of America Lowers Price Target for AIG, Maintains Neutral Rating

American International Group, Inc. (NYSE:AIG) has been highlighted as one of the 12 High Dividend Stocks by billionaire investor Ray Dalio. This recognition comes amid recent adjustments in stock price recommendations by major financial institutions.

On April 14, Bank of America analyst Joshua Shanker reduced the price target for AIG from $80 to $79. Despite this adjustment, the firm has maintained a Neutral rating on the company's shares. This decision reflects a cautious outlook on AIG's stock performance moving forward.

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Source: KLEA News