Progressive shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $210 to $245.
Portfolio Pulse from Benzinga Newsdesk
Progressive shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $210 to $245.
July 17, 2024 | 3:41 pm
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Keefe, Bruyette & Woods upgraded Progressive from Market Perform to Outperform and increased the price target from $210 to $245, leading to a rise in the stock price.
The upgrade from Market Perform to Outperform and the significant increase in the price target from $210 to $245 by a reputable analyst firm is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100