Keefe, Bruyette & Woods Maintains Market Perform on Progressive, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains a 'Market Perform' rating on Progressive (NYSE:PGR) and raises the price target from $135 to $145.
October 17, 2023 | 12:53 pm
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Progressive's price target has been raised from $135 to $145 by Keefe, Bruyette & Woods, maintaining a 'Market Perform' rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100