Allstate Corp. (ALL) Raises Quarterly Dividend 13.6% to $0.25; 2.3% Yield

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Allstate's (ALL) Massive $2B Buyback Plan Delights Analysts and Investors

February 7, 2013 1:45 PM EST

MKM Partners today reiterated a Buy rating on Allstate (NYSE: ALL) with a price target of $55.00. Analysts feel the authorization of $1 billion in additional repurchases yesterday supports this bullish thesis.

"Allstate remains one of our favorite names, as it just announced an additional $1 billion... More