Wells Fargo raised the firm’s price target on Progressive (PGR) to $320 from $317 and keeps an Overweight rating on the shares. The firm notes that the quarter lost a little luster with the tariff backdrop and Wells thinks a bigger focus will be on any views of tariffs/ensuring macro backdrop.
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Read More on PGR:
- Progressive price target lowered to $288 from $300 at Keefe Bruyette
- Progressive price target raised to $287 from $267 at JPMorgan
- Progressive’s Strong Underwriting Profitability and Strategic Rate Management Bolster Buy Rating
- Booking Holdings upgraded, Nordstrom downgraded: Wall Street’s top analyst calls
- Progressive downgraded to Neutral at BofA on valuation