Keefe, Bruyette & Woods Maintains Market Perform on Progressive, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains a Market Perform rating on Progressive (NYSE:PGR) and raises the price target from $133 to $136.
May 18, 2023 | 12:14 pm
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NEUTRAL IMPACT
Progressive's price target has been raised from $133 to $136 by Keefe, Bruyette & Woods analyst Meyer Shields, who maintains a Market Perform rating.
The news of the price target increase for Progressive (PGR) by KBW analyst Meyer Shields is relevant and important for investors. However, the Market Perform rating remains unchanged, indicating that the stock is expected to perform in line with the market. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100