Wells Fargo Maintains Overweight on Progressive, Lowers Price Target to $243
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive (NYSE:PGR) but lowers the price target from $244 to $243.

May 20, 2024 | 3:52 pm
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Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive but lowers the price target from $244 to $243.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100