Progressive downgraded at Evercore As previously reported, Evercore downgraded Progressive to Underweight from Equal Weight. The firm expects top-line growth to deteriorate in 2H 2013 and for its multiple to contract. Price target is $24.
Progressive to hold a conference call Management discusses the company's Quarterly Report on Form 10-Q filed with the SEC and its Shareholders' Report on a conference call to be held on August 6 at 9 am. Webcast Link