Analysts' opinions on stocks in the news Thursday AIG reports second quarter operating loss of $0.51, vs. operating EPS of $1.77. Net loss was $2.06, vs. $1.64 EPS, reflecting $11.6 billion in investment losses/writedowns largely tied to AIG's outsized mortgage exposure. We are troubled by the broad-based weakness in many core units. We note AIG's historically low valuation on a price/book. Our target price is $27, a discount to stated book value and historical averages. -C. Seifert S&P MAINTAINS HOLD OPINION ON SHARES OF CITIGROUP (C; 19.40): According to an unconfirmed Wall Street Journal report, Citigroup will soon reach an agreement with federal regulators to resolve allegations of wrongdoing in connection with its auction-rate securities business. The agreement could result in Citigroup buying back $5-$8 billion of...
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