Goldman Sachs Maintains Buy on Allstate, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has maintained a Buy rating on Allstate (NYSE:ALL) and increased the price target from $164 to $195.
March 25, 2024 | 4:59 pm
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Goldman Sachs maintains a Buy rating on Allstate and raises the price target to $195.
The upgrade in price target by a reputable analyst firm like Goldman Sachs typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100