Progressive Reports May 2024 Results

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Progressive Corp. (PGR) PT Raised to $232 at Citi

June 14, 2024 12:18 PM EDT

Citi analyst Michael Ward raised the price target on Progressive Corp. (NYSE: PGR) to $232.00 (from $230.00) while maintaining a Neutral rating.

The analyst comments "PGRs May print was solid despite an EPS miss (~24c vs our 88c estimate) on elevated CATs. Policy count growth... More