HSBC Maintains Hold on Progressive, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Vikram Gandhi has maintained a Hold rating on Progressive (NYSE:PGR) and increased the price target from $174 to $200.
March 28, 2024 | 6:58 pm
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POSITIVE IMPACT
HSBC has maintained a Hold rating on Progressive and raised the price target from $174 to $200.
The increase in price target by HSBC suggests a positive outlook on Progressive's future performance, potentially leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100