The firm also has an overweight rating on the stock.
Must Read: Warren Buffett's 25 Favorite Growth Stocks
Separately, AIG announced plans for a stock buy back of up to $2 billion on Thursday night.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts