Bullish Calls for AIG, Micron Technology and Newmont Mining

Upgrades for AIG (AIG), Micron Technology (MU) and Newmont Mining (NEM) in Monday's Analysts' Actions. AIG was raised to BUY from HOLD at Deutsche Bank. The price target was also bumped a buck to $60, that's nearly a 20-percent to the upside from where the stock is currently trading. The firm says the company 'remains a story in progress' but the 'valuation is attractive given the recent pullback.' Micron Technology was upgraded to OUTPERFORM from SECTOR PERFORM at Pacific Crest Securities. Analysts say the global manufacturer of semiconductors will benefit from balanced supply and demand. A price target for the stock is set at $37 dollars. Newmont Mining is now rated a BUY from NEUTRAL at Citigroup. Analysts there believe the company can grow both gold and copper production. Citi's twelve-month price target on shares of Newmont is $28 a share. TheStreet's Susannah Lee reports from New York.