The Allstate Corporation (ALL) has seen a significant mix of ups and downs as represented by the range of investor actions. Recently, Evercore ISI downgraded it from Outperform to In Line, causing some concern. Despite this, the company remains a significant player in the market, with many investors, including US Bancorp DE, DAVENPORT & Co LLC, and Blair William & Co. IL adjusting their positions. Additionally, several firms, including KLP Kapitalforvaltning AS and McElhenny Sheffield Capital Management, have grown their stakes in the company, demonstrating overall investor confidence.
Furthermore, Allstate's financial performance remains strong. Its Q3 2025 earnings call is scheduled for Nov 6th and the company managed lower-than-expected catastrophe losses, with growth even as the market dipped. Keefe, Bruyette & Woods reiterated a $246 price target and an Outperform Rating for the company, showing strong faith in its continued performance.It's heartening to note that Allstate maintains a strong position as a growth stock, with numerous entities continuing to take up or increase their stakes. Lastly, it beat estimates with strong revenue growth amidst catastrophe highlighted at its Q2 2025 earnings call.
The Allstate Corporation ALL News Analytics from Sat, 08 Mar 2025 08:00:00 GMT to Sat, 11 Oct 2025 08:17:42 GMT -
Rating 4
- Innovation 6
- Information 8
- Rumor -3
