Goldman Sachs Maintains Neutral on Progressive, Raises Price Target to $216
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott has maintained a Neutral rating on Progressive (NYSE:PGR) and increased the price target from $161 to $216.
March 25, 2024 | 5:04 pm
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Goldman Sachs maintains a Neutral rating on Progressive but raises the price target from $161 to $216.
The increase in the price target by Goldman Sachs suggests a positive outlook on the stock's future performance, potentially leading to increased investor interest and a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90