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Stock Market & Financial Investment News

News Breaks
August 14, 2014
06:08 EDTPGRProgressive 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.
News For PGR From The Last 14 Days
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September 25, 2014
06:08 EDTPGRCiti recommends long Progressive, short Allstate pair trade
Citigroup recommends a pair trade of overweighting Progressive (PGR) while underweighting Allstate (ALL). Citi expects margins to expand for Progressive and fall at Allstate. The firm has a Buy rating on Progressive and Neutral rating on Allstate.

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