Citigroup Reiterates Sell on Progressive, Maintains $123 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Michael Ward has reiterated a Sell rating on Progressive (NYSE:PGR) and maintained a $123 price target.
June 27, 2023 | 11:57 am
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NEGATIVE IMPACT
Citigroup analyst Michael Ward reiterated a Sell rating on Progressive (NYSE:PGR) and maintained a $123 price target.
The Sell rating from Citigroup analyst Michael Ward indicates a negative outlook for Progressive's stock price in the short term. The maintained $123 price target suggests that the analyst believes the stock is overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100