HSBC upgraded Progressive from Hold to Buy, adjusting its price target slightly downward to $259.00, following the stock’s recent underperformance relative to peers and the broader market. These ...
Investors have been drawn to Progressive (NYSE: PGR) stock lately, in part because the insurer posted some encouraging numbers in its first-quarter earnings report. There's a price to pay for ...
On Wednesday, BMO Capital Markets adjusted its outlook on Progressive Corp. (NYSE:PGR), a prominent insurance player with a market capitalization of $144.87 billion, by increasing the price target to ...
The firm adds that Progressive could generate an additional $2-3 billion if it issued debt to bring its financial leverage closer to target levels. With an impressive 34% return on common equity and a ...