Keefe, Bruyette & Woods Keeps Allstate at Underperform
Keefe, Bruyette & Woods maintained its Underperform rating on Allstate and cut the insurer’s price target to $232 a share from $250.
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what happened
Dow Jones Newswires, citing ratings data from Benzinga, reported that Keefe, Bruyette & Woods maintained its Underperform rating on Allstate.
The firm also lowered its price target for the insurer’s shares to $232.00 per share from $250.00. The information appeared on Benzinga’s Allstate analyst-ratings page on October 12, 2026, at 12:58 GMT.
why it matters
Keeping a negative rating while reducing the price target may shape how market participants assess Allstate shares and follow analyst views on the insurer.
instruments
sources
- Allstate Is Maintained at Underperform by Keefe, Bruyette & Woods — Dow Jones Newswires, 12 October 2026 at 12:58 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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