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Analysts Offer Insights on Financial Companies: Allstate (ALL) and Macerich (MAC)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Allstate (ALLResearch Report) and Macerich (MACResearch Report).

Allstate (ALL)

In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Sell rating on Allstate. The company’s shares closed last Thursday at $126.76.

According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 11.7% and a 59.1% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and United Insurance Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allstate with a $149.30 average price target.

See today’s best-performing stocks on TipRanks >>

Macerich (MAC)

In a report issued on May 9, Derek Johnston from Deutsche Bank maintained a Buy rating on Macerich, with a price target of $23.00. The company’s shares closed last Thursday at $12.36, close to its 52-week low of $12.02.

According to TipRanks.com, Johnston is a 4-star analyst with an average return of 10.7% and a 47.7% success rate. Johnston covers the Financial sector, focusing on stocks such as Independence Realty, Equity Residential, and Medical Properties.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Macerich with a $16.83 average price target.

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