Citigroup Upgrades Progressive to Neutral, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has upgraded Progressive (NYSE:PGR) from Sell to Neutral and raised the price target from $120 to $158.
October 17, 2023 | 10:40 am
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Progressive's stock has been upgraded from Sell to Neutral by Citigroup, with a raised price target of $158.
The upgrade from Sell to Neutral indicates a more positive outlook on Progressive's stock by Citigroup. The raised price target from $120 to $158 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
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