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Stock Market & Financial Investment News

News Breaks
March 21, 2014
05:41 EDTPGRProgressive upgraded to Outperform from Market Perform at William Blair
William Blair upgraded Progressive citing negative investor sentiment and expectations for earnings growth acceleration in 2015. The firm raised its 2015 earnings estimate to $1.80 from $1.65 and calls Progressive its top pick in the Property & Casualty large-cap space.
News For PGR From The Last 14 Days
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March 31, 2015
16:16 EDTPGRProgressive initiated with a Neutral at Credit Suisse
Target $28.
March 24, 2015
10:01 EDTPGROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Banco Popolare (BPSAY) downgraded to Neutral from Buy at UBS... Century Aluminum (CENX) downgraded at Morgan Stanley... Global Power Equipment (GLPW) downgraded to Market Perform at William Blair... Ivanhoe Mines (IVPAF) downgraded to Equal Weight from Overweight at Morgan Stanley... JD Wetherspoon (JDWPY) downgraded to Hold from Buy at Jefferies... MEI Pharma (MEIP) downgraded to Market Perform from Outperform at Wells Fargo... NICE Systems (NICE) downgraded to Market Perform from Outperform at JMP Securities... Progressive (PGR) downgraded to Neutral from Buy at Goldman... Tim Participacoes (TSU) downgraded to Reduce from Overweight at HSBC... ZAGG (ZAGG) downgraded at Craig-Hallum.
05:27 EDTPGRProgressive downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Progressive to Neutral with a $28 price target citing the playing out of catalysts and the company's increasing reliance on commercial auto profitability for earnings.
March 18, 2015
08:45 EDTPGRProgressive reports Feb. net premiums written $1.69B vs. $1.54B last year
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