Roth MKM Reiterates Buy on Progressive, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has reiterated a Buy rating on Progressive (NYSE:PGR) and maintained a price target of $185.
November 20, 2023 | 5:57 pm
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Roth MKM analyst Harry Fong reaffirmed a Buy rating on Progressive with a price target of $185, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst like Harry Fong from Roth MKM can instill confidence in investors and potentially lead to a positive short term impact on Progressive's stock price. The maintained price target of $185 suggests that the analyst believes the stock has room to grow and is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100