Roth Capital keeps a Buy rating and $230 price target on Allstate (ALL) but raises the firm’s Q3 EPS estimate to $5.80 from $4.44 and its FY25 EPS view to $21.65 from $20.30. The firm is citing much lower catastrophe losses than originally modeled, adding that while there are two storms in the Atlantic Ocean that could hit our shores next week, it looks like these will be October events, the analyst tells investors in a research note.
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