Wachovia Ups Allstate to Outperform

Analyst Lara Devieux feels the company is in a much better position going into the 2006 hurricane season

Allstate (ALL) posted $2.01 first quarter operating EPS, and raised its 2006 EPS view to $6.00-$6.40. Wachovia upgraded its raing on the shares to outperform from market perform.

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