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Fly News Breaks for May 29, 2019
ALL
May 29, 2019 | 06:06 EDT
Goldman Sachs analyst Yaron Kinar upgraded Allstate to Buy from Neutral and raised his price target for the shares to $110 from $106. The analyst believes the company's personal auto margins will hold up better than consensus estimates predict and that its homeowners' margins will improve starting in the second half of 2019. As a result, he sees upside in the shares.
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