Jefferies Maintains Buy on Allstate, Raises Price Target to $231
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Yaron Kinar maintains a Buy rating on Allstate and raises the price target from $217 to $231.
October 09, 2024 | 5:33 pm
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Jefferies analyst Yaron Kinar has reaffirmed a Buy rating on Allstate and increased the price target from $217 to $231, indicating confidence in the company's future performance.
The increase in price target from $217 to $231 by Jefferies suggests a positive outlook on Allstate's future performance. The Buy rating indicates that the analyst expects the stock to outperform, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100