Roth MKM Maintains Buy on Progressive, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong has maintained a Buy rating on Progressive (NYSE:PGR) and increased the price target from $185 to $200.
January 25, 2024 | 3:21 pm
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Roth MKM analyst Harry Fong reaffirmed a Buy rating on Progressive and raised the price target to $200, indicating a positive outlook on the stock.
The increase in price target by Roth MKM reflects a bullish sentiment on Progressive's future performance. As price targets can influence investor perception and stock price, this revised target is likely to have a positive impact on Progressive's stock in the short term, especially considering the Buy rating was maintained.
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IMPORTANCE 85
RELEVANCE 100