J.P. Morgan is out with its report today on AIG (NYSE:

), resuming coverage on AIG at Neutral. In a note to clients, J.P. Morgan writes, "We are resuming coverage of AIG with a Neutral rating and 12/31/11 price target of $32. We had been restricted on the company due to its restructuring and J.P. Morgan's involvement in the recent capital offering." Shares of AIG closed Friday at $28.45, down 0.77% from Thursday's close.