Allstate's Milestone and Market Movement
Steady Buy Rating and Price Target from Cowen
WEB TD Cowen has maintained its Buy rating on Allstate NYSE ALL, with a consistent price target of $193.00. This veteran insurance company, known as ALL with a 52-week range of $132.21 to $174.71, reached a significant milestone on Wednesday.
Positive Analyst Sentiment
Analysts have generally given Allstate a positive outlook. The consensus rating among 16 analysts is a Moderate Buy, with 13 Buy ratings and 3 Hold ratings. This indicates that analysts are mostly optimistic about the company's future performance.
CFRA, a renowned financial research firm, recently adjusted its price target for Allstate Corp NYSE to $189.00. This adjustment reflects CFRA's confidence in Allstate's ability to maintain its strong position in the industry.
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