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Piper Sandler maintains Overweight rating on Allstate stock amid low August catastrophes

Investing.com•Friday, September 19, 2025 at 12:33:32 PM
PositiveFinancial Markets
Piper Sandler maintains Overweight rating on Allstate stock amid low August catastrophes
Piper Sandler has reaffirmed its Overweight rating on Allstate stock, highlighting the company's resilience amid a relatively low number of catastrophes in August. This positive outlook suggests that Allstate is well-positioned to navigate challenges in the insurance market, making it an attractive option for investors. The stability in catastrophic events could lead to better financial performance for the company, which is crucial for maintaining investor confidence.
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