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Piper Sandler Maintains Overweight on Allstate (ALL) After Lower-Than-Expected Catastrophe Losses
Yahoo Finance· 2025-10-02 13:53
The Allstate Corporation (NYSE:ALL) ranks among the stocks with low beta that can beat market volatility. In light of The Allstate Corporation (NYSE:ALL)’s August catastrophe loss report, Piper Sandler reaffirmed its Overweight rating and $225 price target on the insurance company on September 19. Pixabay/Public Domain According to the firm, Allstate’s August catastrophe losses came in less than expected, though policies-in-force (PIF) increased year-over-year, especially in the auto segment. This is th ...