Wells Fargo raised the firm’s price target on Progressive (PGR) to $302 from $299 and keeps an Overweight rating on the shares. The firm sees the stock continuing to work from here, saying Progressive is positioned well to grow and continues to take share as rates are stable and margins remain at record-high levels.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGR:
- Broadcom tops $1T market cap on AI enthusiasm: Morning Buzz
- Progressive price target lowered to $267 from $273 at BMO Capital
- Progressive November results ‘reason to be bullish,’ says Morgan Stanley
- Early notable gainers among liquid option names on December 13th
- Progressive Releases November 2024 Financial Results