JP Morgan Maintains Overweight on Progressive, Raises Price Target to $149
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $146 to $149.
October 02, 2023 | 9:42 am
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Progressive and raises the price target from $146 to $149, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates a positive outlook for Progressive. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100