Raymond James Maintains Strong Buy on Allstate, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst C. Gregory Peters has maintained a Strong Buy rating on Allstate (NYSE:ALL) and increased the price target from $205 to $220.
October 04, 2024 | 5:54 pm
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Raymond James has reaffirmed its Strong Buy rating on Allstate and increased the price target to $220, indicating confidence in the company's future performance.
The increase in price target from $205 to $220 by Raymond James suggests a positive outlook on Allstate's future performance. The Strong Buy rating indicates strong confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100