JP Morgan Upgrades Progressive to Overweight, Announces $146 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jimmy Bhullar has upgraded Progressive (NYSE:PGR) from Neutral to Overweight and announced a price target of $146.
July 17, 2023 | 1:27 pm
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POSITIVE IMPACT
Progressive has been upgraded to Overweight from Neutral by JP Morgan, with a new price target of $146.
The upgrade from JP Morgan is a positive signal for Progressive. It indicates that the analyst believes the company's stock is likely to outperform the market or its sector in the near term. The new price target of $146 also suggests a potential upside for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100