Wells Fargo Maintains Overweight on Progressive, Raises Price Target to $254
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $243 to $254.
June 17, 2024 | 1:25 pm
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POSITIVE IMPACT
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive and raises the price target from $243 to $254.
The Overweight rating and increased price target from a reputable analyst at Wells Fargo is likely to boost investor confidence in Progressive, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100