BofA lowered the firm’s price target on Progressive (PGR) to $308 from $315 and keeps a Buy rating on the shares. While the firm says it continues to be “very bullish” about Progressive’s earnings and growth prospects, it trims its target in the face of a broad market decline.
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Read More on PGR:
- Progressive price target lowered to $218 from $226 at UBS
- Progressive price target lowered to $315 from $329 at BofA
- Progressive price target lowered to $230 from $237 at Evercore ISI
- Progressive price target lowered to $235 from $260 at Roth Capital
- Progressive price target lowered to $214 from $220 at Wells Fargo