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Allstate initiated with a Market Perform at BMO Capital
The Fly

Allstate initiated with a Market Perform at BMO Capital

BMO Capital analyst Michael Zaremski initiated coverage of Allstate with a Market Perform rating and $130 price target. While Zaremski appreciates Allstate’s pricing power, he thinks it will rebuild capital with lower buybacks, the analyst tells investors in a research note.

Published first on TheFly

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