Piper Sandler Maintains Neutral on Progressive, Raises Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome maintains a Neutral rating on Progressive (NYSE:PGR) and raises the price target from $132 to $133.
September 18, 2023 | 12:48 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Progressive and raises the price target to $133.
The news directly pertains to Progressive (PGR) as Piper Sandler maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the stock but is not overly bullish, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100