B of A Securities Maintains Buy on Progressive, Raises Price Target to $312
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Progressive (NYSE:PGR) and raised its price target from $294 to $312, indicating a positive outlook for the company's stock.

September 03, 2024 | 1:03 pm
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B of A Securities has reaffirmed its Buy rating on Progressive and increased the price target to $312, suggesting confidence in the company's future performance.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst like B of A Securities typically signals strong confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
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