Impact of the upward earnings forecast revision on Allstate investors

The story

Following analysts’ upward revisions to their earnings forecasts, Allstate was upgraded to a “#1” rating in the Zacks Rank. This is expected to improve the assessment of its core businesses, including its insurance operations.

The report focuses on the indicative impact of the upward revisions and upgrade on investors and does not discuss specific investment decisions or share-price movements.

At a glance

Revision of earnings forecastsAnalysts are reported to have revised their earnings forecasts upward

Upgrade ratingAllstate was upgraded to a “#1” rating in the Zacks Rank

Name of target companyAllstate

Core BusinessThe assessment of the company’s core insurance business has been highlighted

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