Wells Fargo Maintains Overweight on Progressive, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $159 to $162.
May 22, 2023 | 12:57 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Progressive and raises the price target from $159 to $162.
The news of Wells Fargo maintaining an Overweight rating on Progressive and raising the price target from $159 to $162 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100