Keefe, Bruyette & Woods Maintains Market Perform on Progressive, Raises Price Target to $175-Report Released on 25 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields has maintained a 'Market Perform' rating on Progressive (NYSE:PGR) and increased the price target from $158 to $175.
January 26, 2024 | 2:17 pm
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POSITIVE IMPACT
Progressive's stock may see a positive impact in the short term due to the raised price target from $158 to $175 by Keefe, Bruyette & Woods.
A raised price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100