Progressive shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and announced a $146 price target.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded Progressive's stock from Neutral to Overweight and set a price target of $146. This has led to a rise in Progressive's share prices.
July 17, 2023 | 2:10 pm
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POSITIVE IMPACT
Progressive's stock has been upgraded by JP Morgan, leading to a rise in its share prices. The new price target is $146.
JP Morgan's upgrade of Progressive's stock from Neutral to Overweight indicates a positive outlook for the company. This, coupled with a high price target of $146, has led to an increase in Progressive's share prices. The news is highly relevant and important for investors in Progressive, and there is high confidence in this analysis based on the information provided.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100