tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Allstate price target raised to $260 from $250 at Raymond James

Raymond James analyst C. Gregory Peters raised the firm’s price target on Allstate (ALL) to $260 from $250 and keeps a Strong Buy rating on the shares. The stock is up about 4% since its Q2 results came in ahead of estimates, reflecting better than expected underwriting profitability in home and auto, the analyst tells investors in a research note.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1