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Fly News Breaks for May 9, 2016
ALL
May 9, 2016 | 06:59 EDT
Deutsche Bank analyst Joshua Shanker raised his price target for Allstate to $79 saying the company's margin improvements "have only just begun." The analyst expects Allstate will continue to seek rate increases through 2016 and sees "meaningful" share upside from current levels. Shanker keeps a Buy rating on Allstate.
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