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Allstate Corporation (the) (ALL) [hlAlert]

Rating:
Equal-Weight
ALL

Allstate Corporation (ALL) rated Equal-Weight with price target $49 by Lehman Brothers

Posted on: Tuesday,  Jul 8, 2008  12:25 PM ET by Lehman Brothers

Allstate (ALL) rated Equal-Weight
with price target $49 by Lehman Brothers.

The Allstate Corporation serves as the holding company for Allstate Insurance Company. The Company?s business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates (collectively, including The Allstate Corporation, Allstate). Allstate is primarily engaged in the personal property and casualty insurance business and the life insurance, retirement and investment products business. It conducts its business primarily in the United States. Customers can access Allstate products and services, such as auto insurance and homeowners insurance through more than 14,000 exclusive Allstate agencies and financial representatives in the United States and Canada. operates in four business segments: Allstate Protection, Allstate Financial, Discontinued Lines and Coverages and Corporate and Other.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/8/2008 12:25 PM Hold
None
46.08 49.00
as of 12/24/2008
1 Week down  -4.73 %
1 Month up  11.88 %
3 Months down  -16.22 %
1 YTD down  -54.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 10:25 AM Hold
None
48.49 55.00
10/18/2007 9:25 AM Hold
None
55.55 60.00

(*) Stock Price at the time of the recommendation.
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