Wells Fargo Maintains Equal-Weight on Progressive, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Progressive (NYSE:PGR) and raises the price target from $128 to $144.
October 17, 2023 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Progressive and raises the price target from $128 to $144, which could potentially lead to an increase in the stock's price.
The raised price target by Wells Fargo indicates a positive outlook for Progressive's stock. This could potentially lead to an increase in the stock's price as it suggests that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100