BMO Capital Upgrades Allstate to Outperform, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski has upgraded Allstate (NYSE:ALL) from Market Perform to Outperform and raised the price target from $190 to $191.
July 18, 2024 | 11:05 am
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POSITIVE IMPACT
BMO Capital analyst Michael Zaremski has upgraded Allstate from Market Perform to Outperform and raised the price target from $190 to $191. This upgrade indicates a positive outlook for Allstate's stock performance.
The upgrade from Market Perform to Outperform by a reputable analyst at BMO Capital suggests increased confidence in Allstate's future performance. The slight increase in the price target to $191 also indicates a positive outlook. Such upgrades typically lead to a short-term increase in stock price as investors react to the improved rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100