Wells Fargo Maintains Overweight on Progressive, Raises Price Target to $281
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $262 to $281.
August 15, 2024 | 12:57 pm
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Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Progressive and raises the price target from $262 to $281.
The raised price target and maintained Overweight rating from a reputable analyst at Wells Fargo is likely to positively impact Progressive's stock price in the short term. Investors often view such updates as a strong signal of confidence in the company's future performance.
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