Roth MKM Reiterates Buy on Progressive, Maintains $165 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has reiterated a 'Buy' rating on Progressive (NYSE:PGR) and maintained a price target of $165.
September 18, 2023 | 1:41 pm
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POSITIVE IMPACT
Progressive's stock rating has been reiterated as 'Buy' by Roth MKM with a maintained price target of $165.
The reiteration of a 'Buy' rating by a reputable analyst like Harry Fong from Roth MKM is a positive signal for Progressive. The maintained price target of $165 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100