Roth MKM Maintains Buy on Progressive, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Harry Fong maintains a Buy rating on Progressive (NYSE:PGR) and raises the price target from $270 to $290.
September 16, 2024 | 12:37 pm
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Roth MKM analyst Harry Fong has reaffirmed a Buy rating for Progressive and increased the price target from $270 to $290, indicating confidence in the company's future performance.
The increase in price target from $270 to $290 by Roth MKM suggests a positive outlook on Progressive's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100