Citigroup Maintains Neutral on Progressive, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward maintains a Neutral rating on Progressive (NYSE:PGR) but lowers the price target from $232 to $225.

July 17, 2024 | 9:19 pm
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NEUTRAL IMPACT
Citigroup analyst Michael Ward maintains a Neutral rating on Progressive but lowers the price target from $232 to $225.
The Neutral rating suggests no strong buy or sell recommendation, and the slight reduction in the price target indicates a modestly less optimistic outlook. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100