Keefe, Bruyette & Woods Maintains Market Perform on Progressive, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains a Market Perform rating on Progressive (NYSE:PGR) and raises the price target from $185 to $195.
March 18, 2024 | 10:20 am
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Progressive's price target has been raised from $185 to $195 by Keefe, Bruyette & Woods, while maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock's future performance, potentially leading to increased investor confidence and a short-term rise in stock price.
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