Progressive downgraded to Underperform from Market Perform at Keefe Bruyette Keefe Bruyette downgraded Progressive to Underperform citing valuation and expectations the company's combined ratio will move back toward 96%. The firm has a $23 price target for shares.
News For PGR From The Last 14 Days
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Progressive upgraded to Buy from Neutral at Citigroup Citigroup upgraded Progressive to Buy on citing an attractive valuation and its belief underwriting spreads will improve. Citi raised its price target for shares to $29 from $27.