BofA raised the firm’s price target on Allstate (ALL) to $300 from $288 and keeps a Buy rating on the shares after Q3 operating EPS of $11.17 represented “a material beat” to the firm’s estimate of $7.83 and Street consensus of $7.29. The firm’s 2025 EPS estimate increases by 13.7% from the beat, while its 2026 and 2027 estimates increase by 5.8% as the Q3 results flow through its model, the analyst noted.
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