Goldman Sachs raised the firm’s price target on Allstate (ALL) to $238 from $227 and keeps a Buy rating on the shares. The company remains attractively positioned amongst its insurers peer group, as the firm believes that it can deliver above-historical levels of unit growth and generate above-average returns on top of a strong current capital position, the analyst tells investors in a research note.
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Read More on ALL:
- Allstate price target raised to $228 from $223 at Wells Fargo
- Allstate price target raised to $263 from $260 at JPMorgan
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