Allstate Stock Surges After Wolfe Research's Positive Rating
Update: 2025-12-11
Description
Allstates stock surged by nearly three percent following Wolfe Researchs Outperform rating, despite a slight reduction in the price target. The broader market rebound, likely due to a Fed interest rate cut, also contributed to the stocks rise. Allstates shares, typically stable, are now up seven point seven percent year-to-date and nearing their fifty-two-week high.
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