Roth MKM Reiterates Buy on Allstate, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has reiterated a Buy rating on Allstate (NYSE:ALL) and increased the price target from $175 to $200.
April 08, 2024 | 1:12 pm
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Roth MKM analyst Harry Fong reiterated a Buy rating on Allstate and raised the price target from $175 to $200.
The reiteration of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100