JP Morgan Maintains Overweight on Progressive, Raises Price Target to $251
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains an Overweight rating on Progressive (NYSE:PGR) and raises the price target from $242 to $251.
October 10, 2024 | 6:53 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan analyst Jimmy Bhullar has maintained an Overweight rating on Progressive and increased the price target from $242 to $251, indicating a positive outlook.
The increase in price target from $242 to $251 by JP Morgan suggests a positive outlook for Progressive's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100