Fly News Breaks for January 17, 2020
Jan 17, 2020 | 09:18 EDT
MKM Partners analyst Harry Fong raised his price target on Allstate to $135 and kept his Buy rating after the company announced its Q4 catastrophe loses of $295M, which was below his estimated $630M. The analyst is also raising his FY19 EPS view to $10.94 from $10.25 while leaving his FY20 and FY21 estimates at $10.90 and $11.80.
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