Brokerages Update Allstate Targets After $8.99 EPS Beat
Brokerages updated Allstate’s stock targets after the insurer reported $8.99 EPS for the quarter, beating the $6.06 consensus. The average 12-month price target is $263.90, with updates including Piper Sandler lifting to $300 and Raymond James setting $315. The company also disclosed a quarterly dividend payable October 1, while insiders sold shares in August.