JP Morgan Maintains Overweight on Progressive, Raises Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $171 to $202.
April 08, 2024 | 8:18 pm
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JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Progressive and raises the price target from $171 to $202.
The increase in price target by a reputable analyst like Jimmy Bhullar from JP Morgan suggests a strong bullish outlook on Progressive. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100