Zacks Investment Research downgraded shares of AMER EQUITY INV (AEL) from OUTPERFORM to NEUTRAL on August 14, 2013, with a target price of $21.30.
American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full service underwriter of a broad line of annuity and insurance products, with a primary emphasis on the sale of fixed rate and index annuities.
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