BMO Capital Maintains Market Perform on Progressive, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Michael Zaremski maintains a 'Market Perform' rating on Progressive (NYSE:PGR) and raises the price target from $125 to $130.
August 17, 2023 | 11:53 am
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BMO Capital maintains a 'Market Perform' rating on Progressive and raises the price target from $125 to $130.
The raised price target by BMO Capital indicates a positive outlook for Progressive. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100