Allstate Keefe, Bruyette & Woods Raises PT to $237 from $235.

Allstate Keefe, Bruyette & Woods Raises PT to $237 from $235.

In a recent research note, Keefe, Bruyette & Woods (KBW) has raised its price target for Allstate (NYSE:ALL) to $237, up from the previous target of $235. The upgrade, issued on July 2, 2025, reflects a bullish outlook on the insurance giant's prospects. The firm's analysts have cited the company's strong earnings performance and robust financial position as key drivers behind the upward revision [3].

The upgrade comes amidst a mixed sentiment among analysts, with a total of eight analysts providing ratings for Allstate in the latest quarter. The ratings distribution shows a mix of bullish and bearish perspectives, with four analysts rating the stock as "outperform" or "strong buy," while two analysts have a more cautious view, rating the stock as "underweight" or "equal weight" [3].

The average 12-month price target for Allstate, as set by analysts, has increased to $216.88, marking a 1.17% rise from the previous average of $214.38. This upward trend in price targets underscores the growing confidence in Allstate's ability to deliver value to shareholders [3].

In addition to the price target upgrade, KBW has also raised its rating for Allstate to "outperform," reflecting a more optimistic view of the company's stock performance. This upgrade is part of a broader trend of analysts revising their ratings and price targets in response to Allstate's recent earnings reports and financial results [3].

The upgrade by KBW is a notable development for Allstate investors, as it signals a positive outlook on the company's future prospects. As the insurance sector continues to evolve, companies like Allstate that demonstrate strong financial performance and adaptability are likely to attract the attention of analysts and investors alike.

References:
[1] https://www.marketbeat.com/instant-alerts/morgan-stanley-nysems-stock-rating-upgraded-by-keefe-bruyette-woods-2025-07-09/
[2] https://www.gurufocus.com/news/2964328/metaplanet-eyes-digital-bank-as-bitcoin-reserves-top-15000-btc
[3] https://www.nasdaq.com/articles/assessing-allstate-insights-8-financial-analysts-0