Piper Sandler Maintains Overweight on Progressive, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome has maintained an Overweight rating on Progressive (NYSE:PGR) and increased the price target from $186 to $188.
November 20, 2023 | 3:18 pm
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Piper Sandler has reaffirmed Progressive's Overweight rating and raised the price target to $188, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a positive sentiment towards Progressive's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100