JPMorgan raised the firm’s price target on Allstate (ALL) to $260 from $254 and keeps an Overweight rating on the shares. The company reported “robust” results, with earnings upside and strong margins, the analyst tells investors in a research note. The firm says the company is “firing on all cylinders.”
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- Allstate price target raised to $300 from $288 at BofA
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- Allstate’s Strong Financial Performance and Growth Potential: A Buy Recommendation
- Allstate reports Q3 adjusted EPS $11.17, consensus $7.54
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