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      Bank of America Increases Price Target for Allstate Corporation

      The Allstate Corporation, traded on the New York Stock Exchange under the ticker ALL, has recently been highlighted as one of the 12 high dividend stocks selected by billionaire investor Ray Dalio. This endorsement comes at a time when analysts are adjusting their price targets for the company.

      On April 14, Bank of America analyst Joshua Shanker raised the price target for Allstate from $279 to $297, maintaining a Buy rating on the stock. This adjustment reflects a positive outlook on the company's performance and market position.

      In contrast, Barclays has also updated its targets for Allstate but has diverged in its outlook compared to Bank of America. The differing perspectives from these financial institutions indicate varying assessments of Allstate's future prospects in the insurance sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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