B of A Securities Maintains Buy on Allstate, Lowers Price Target to $216
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Allstate but lowered the price target from $226 to $216.

October 10, 2024 | 4:58 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Allstate but lowered the price target from $226 to $216.
The maintenance of a Buy rating suggests continued confidence in Allstate's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100