Citi Cuts Allstate (ALL) to Hold, But Price Target Implies 20% Upside
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Price: $261.41 +0.36%
Rating Summary:
16 Buy, 19 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
16 Buy, 19 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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An analyst at Citi downgraded shares of Allstate (NYSE: ALL) from Buy to Hold Friday morning. The analyst also reduced the firm's price target on the stock from $37 to $36.
Allstate shares are now down about 2.6 percent in pre-market action. With the stock last trading at $30.10, Citi's new, reduced price target still suggests potential upside of about 20 percent.
For more ratings news on Allstate click here and for the rating history of Allstate click here.
Allstate shares are now down about 2.6 percent in pre-market action. With the stock last trading at $30.10, Citi's new, reduced price target still suggests potential upside of about 20 percent.
For more ratings news on Allstate click here and for the rating history of Allstate click here.
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