Citigroup Reiterates Sell on Progressive, Raises Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward reiterated a Sell rating on Progressive (NYSE:PGR) and raised the price target from $121 to $123.
June 01, 2023 | 4:05 pm
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Citigroup analyst Michael Ward reiterated a Sell rating on Progressive and raised the price target from $121 to $123.
The news directly mentions Progressive (NYSE:PGR) and the Sell rating reiterated by Citigroup analyst Michael Ward. The raised price target from $121 to $123 indicates a potential downside for the stock in the short term, as the analyst maintains a negative outlook on the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100