BMO Capital Upgrades Progressive to Outperform, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski has upgraded Progressive (NYSE:PGR) from Market Perform to Outperform and raised the price target from $155 to $180.
October 25, 2023 | 10:26 am
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POSITIVE IMPACT
Progressive's stock has been upgraded to Outperform from Market Perform by BMO Capital, with a raised price target of $180 from $155.
The upgrade from Market Perform to Outperform by BMO Capital indicates a positive outlook for Progressive's stock. The raised price target from $155 to $180 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100