Wells Fargo Maintains Equal-Weight on Allstate, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Allstate (NYSE:ALL) but lowers the price target from $177 to $175.

August 16, 2024 | 1:16 pm
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Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Allstate but lowers the price target from $177 to $175.
The maintenance of the Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a minor negative adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100