AIG Sees Downgrade Recoil (AIG)

Posted in pre-market 
April 27th, 2010

American International Group Inc. (NYSE: AIG) will sound like hell on wheels this morning.  The government-backed and widely hated insurer’s stock was given a key downgrade this morning. Shares were downgraded to Underperform with a $6.00 Target at Keefe Bruyette & Woods.  Shares are down 4.2% at $42.65 this morning, and at 8:40 AM EST we have seen only about 104,000 shares trade hands.

JON OGG

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