Progressive's quarterly profit more than doubles on strong insurance demand
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Progressive Corp. (PGR) PT Raised to $331 at BofA Securities
October 16, 2024 5:41 AM EDTBofA Securities analyst Joshua Shanker raised the price target on Progressive Corp. (NYSE: PGR) to $331.00 (from $319.00) while maintaining a Buy rating.
The analyst comments "Our 12-month ahead price objective is based on parity with the S&P 500 2025 P/E multiple on... More
Progressive Corp. (PGR) PT Raised to $297 at Wells Fargo
October 16, 2024 5:38 AM EDTWells Fargo analyst Elyse Greenspan raised the price target on Progressive Corp. (NYSE: PGR) to $297.00 (from $285.00) while maintaining a Overweight rating.
The analyst comments "PGR reported another strong growth and margin month with PIF growth coming in above consensus. The 89.1% YTD combined ratio... More
