BMO Capital Maintains Outperform on Progressive, Raises Price Target to $239
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski maintains an Outperform rating on Progressive (NYSE:PGR) and raises the price target from $235 to $239.
July 18, 2024 | 1:15 pm
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POSITIVE IMPACT
BMO Capital analyst Michael Zaremski maintains an Outperform rating on Progressive and raises the price target from $235 to $239.
The raised price target and maintained Outperform rating from BMO Capital are positive signals for Progressive's stock. This suggests confidence in the company's future performance, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100