Where Progressive Stands With Analysts
Portfolio Pulse from Benzinga Insights
Progressive (NYSE:PGR) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, 6 indifferent, 1 somewhat bearish, and 4 bearish. The average price target is $138.57, implying an upside from the current price of $114.78. This average has decreased by 3.1% from the previous average price target of $143.00.
July 14, 2023 | 12:01 pm
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Progressive has received mixed analyst ratings, with an average price target of $138.57, indicating potential upside from the current price.
The mixed analyst ratings indicate uncertainty about the stock's future performance. However, the average price target suggests potential upside, which could positively impact the stock in the short term. The decrease in the average price target could indicate less optimism about the stock's future performance, potentially limiting the upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100