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M&T Bank Corp Decreases Holdings in American International Group, Inc. $AIG
M&T Bank Corp significantly reduced its stake in American International Group (AIG) by 90.4% in Q4, selling over 56,000 shares. Despite this, AIG reported strong Q1 earnings, beating analyst estimates with $2.11 EPS and increasing its quarterly dividend by 11.1%. Several analysts have adjusted price targets for AIG, with the consensus rating remaining “Hold” with a target price of $86.88.