Barclays Maintains Underweight on Allstate, Raises Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alex Scott maintains an Underweight rating on Allstate (NYSE:ALL) but raises the price target from $175 to $187.
October 31, 2024 | 5:59 pm
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NEUTRAL IMPACT
Barclays analyst Alex Scott maintains an Underweight rating on Allstate but raises the price target from $175 to $187.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on Allstate's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100