Allstate is Up… For Now

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It looks like Deutsche Bank called it for The Allstate Corporation (NYSE:ALL) as shares of the company rose to $30.75 today in intraday trading, approaching the price target the analyst set when they upgraded the company back in early December. 

Market Updates: Allstate (NYSE:ALL), Taxes and News Corp (NASDAQ:NWSA)

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Property and casualty insurer Allstate Corp. (NYSE:ALL) said Wednesday that its net income fell sharply in the second quarter as a result of investment losses. 

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