Wells Fargo lowered the firm’s price target on Progressive (PGR) to $327 from $330 and keeps an Overweight rating on the shares. Wells continues to see current levels as an attractive entry point as Progressive is well-positioned to continue to grow at historically strong levels, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGR:
- Progressive price target raised to $344 from $339 at BofA
- Progressive’s Strong Financial Performance and Underwriting Results Justify Buy Rating Despite Short-Term Growth Challenges
- Progressive Releases July 2025 Financial Results
- Progressive reports July EPS $1.85 vs. $1.38 last year
- Progressive’s Stock: Balancing Attractive Valuation with Growth Challenges – Hold Rating
