Decoding 11 Analyst Evaluations For Progressive
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Progressive (NYSE:PGR) over the past three months, with a recent increase in the average 12-month price target to $253.0. The company's financial performance shows strong revenue growth and return on equity, but challenges in net margin and debt management.
July 17, 2024 | 12:02 pm
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Progressive (NYSE:PGR) has received mixed ratings from analysts, with a recent increase in the average 12-month price target to $253.0. The company shows strong revenue growth and return on equity but faces challenges in net margin and debt management.
The mixed analyst ratings and the increase in the average price target suggest a cautiously optimistic outlook for Progressive. The company's strong revenue growth and return on equity are positive indicators, but challenges in net margin and debt management may temper short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100