Barclays Maintains Equal-Weight on Progressive, Raises Price Target to $277
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alex Scott maintains an Equal-Weight rating on Progressive (NYSE:PGR) and raises the price target from $267 to $277.
October 23, 2024 | 12:59 pm
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Barclays has maintained its Equal-Weight rating on Progressive and increased the price target from $267 to $277, indicating a positive outlook.
The increase in price target from $267 to $277 by Barclays suggests a positive outlook for Progressive, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100