Where Progressive Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Progressive (NYSE:PGR) received mixed analyst ratings with 1 bullish, 4 somewhat bullish, 5 indifferent, 6 somewhat bearish, and 2 bearish. The company's average 12-month price target is $126.56, a 1.42% decrease from the previous average of $128.38.
October 02, 2023 | 1:00 pm
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NEGATIVE IMPACT
Progressive has received mixed analyst ratings in the last quarter, with a slight bearish lean. The average 12-month price target has decreased by 1.42%.
Analyst ratings are a significant factor in stock performance. The mixed ratings, with a slight lean towards bearish, indicate uncertainty about Progressive's future performance. The decrease in the average 12-month price target further supports this view.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100