Allstate Price Target Lowered by Mizuho

Analysts cut the insurance provider's price target from $281 to $265 but maintain an outperform rating.

Mar. 21, 2026 at 9:22am

Got story updates? Submit your updates here. ›

Allstate (NYSE:ALL) had its price target lowered by Mizuho from $281.00 to $265.00 in a research note released on Friday. The analysts maintained an outperform rating on the insurance provider's stock. This comes after other recent price target adjustments from Morgan Stanley and JPMorgan Chase & Co.

Why it matters

Allstate is one of the largest personal lines property and casualty insurers in the United States, so changes to its stock price targets by major analysts can impact investor sentiment and the company's valuation. The lowered price target suggests some near-term headwinds, but the outperform rating indicates analysts still see upside potential in the stock.

The details

Mizuho cited the new $265.00 price target, down from the previous $281.00 target. The analysts maintained an outperform rating on Allstate's stock. Other recent price target adjustments include Morgan Stanley lowering its target from $245.00 to $215.00 and JPMorgan Chase & Co. increasing its target from $260.00 to $263.00.

  • Mizuho released the updated price target and rating on March 21, 2026.

The players

Allstate

Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States.

Mizuho

Mizuho is a Japanese banking and financial services group that provides research coverage on Allstate's stock.

Morgan Stanley

Morgan Stanley is a global financial services firm that also provides research coverage on Allstate.

JPMorgan Chase & Co.

JPMorgan Chase & Co. is a multinational investment bank and financial services company that provides research coverage on Allstate.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The lowered price target from Mizuho suggests some near-term challenges for Allstate, but the maintained outperform rating indicates analysts still see long-term upside potential in the stock. Investors will be watching to see how Allstate navigates the current market environment.