B of A Securities Maintains Buy on Allstate, Raises Price Target to $233
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Allstate and increased the price target from $216 to $233, indicating a positive outlook for the company's stock.
October 18, 2024 | 5:18 pm
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POSITIVE IMPACT
B of A Securities has maintained its Buy rating on Allstate and increased the price target from $216 to $233, suggesting confidence in the company's future performance.
The increase in price target from $216 to $233 by B of A Securities reflects a positive sentiment towards Allstate's future performance. The Buy rating indicates that the analyst expects the stock to outperform the market, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100