UBS lowered the firm’s price target on Progressive (PGR) to $261 from $268. Property and casualty insurance stocks underperformed in Q3, but lighter catastrophe losses support higher earnings estimates, the analyst tells investors in a research note.
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Read More on PGR:
- Progressive price target lowered to $271 from $281 at Barclays
- PGR Upcoming Earnings Report: What to Expect?
- Progressive price target lowered to $273 from $275 at Evercore ISI
- Progressive price target raised to $350 from $343 at BofA
- Progressive’s Strong EPS Revisions and Capital Return Potential Justify Buy Rating