Demystifying Progressive: Insights From 19 Analyst Reviews
Portfolio Pulse from Benzinga Insights
In the last three months, 19 analysts have reviewed Progressive (NYSE:PGR), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $250.68. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance. Progressive has shown strong revenue growth but faces challenges in net margin and debt management.
August 07, 2024 | 4:01 pm
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Progressive (NYSE:PGR) received mixed ratings from 19 analysts, with a majority being bullish or somewhat bullish. The average 12-month price target has increased to $250.68, indicating positive sentiment. However, the company faces challenges in net margin and debt management despite strong revenue growth.
The majority of analysts are bullish or somewhat bullish on Progressive, and the average price target has increased, indicating positive sentiment. However, the company faces challenges in net margin and debt management, which could impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100