Avery Schumer
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Avery Schumer in Insider trading,

A Breakup Might Not Solve AIG's Problems

Shares of American International Group Inc have appreciated 9.53 percent year-to-date, with a high of $64.54 on July 29.

Deutsche Bank’s Joshua Shanker has maintained a Hold rating on the company, while lowering the price target from $64 to $62.

Although activist investors have been suggesting a breakup of American International Group, Shanker believes that a breakup would not solve the company’s problems.