Progressive Corp. (PGR) PT Lowered to $103 at Barclays

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Go back to Progressive Corp. (PGR) PT Lowered to $103 at Barclays

JPMorgan sees 'long-term attractive gains' for Progressive Corp. (PGR)

July 17, 2023 8:02 AM EDT

JPMorgan upgraded Progressive Corp. (NYSE: PGR) to Overweight from Neutral in a note Monday, with analyst Jimmy Bhullar maintaining a $146 price target on the stock.

The analyst stated that the concerns of short-term pain are creating long-term attractive gains.

While the analyst... More