JP Morgan Maintains Overweight on Allstate, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Allstate (NYSE:ALL) and raises the price target from $164 to $172.
February 08, 2024 | 8:47 pm
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POSITIVE IMPACT
JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Allstate and raises the price target from $164 to $172.
The upgrade in price target by a reputable analyst from JP Morgan is likely to instill positive sentiment among investors, potentially driving up the stock price in the short term. The Overweight rating reaffirms the analyst's positive outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100