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Is It Worth Investing in Progressive (PGR) Based on Wall Street's Bullish Views?


//stocks-investing.news-articles.net/content/202 .. ve-pgr-based-on-wall-street-s-bullish-views.html
Published in Stocks and Investing on by MSN   Print publication without navigation

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.


The article discusses whether it's worth investing in The Progressive Corporation (PGR) based on Wall Street's bullish outlook. Progressive has shown a 15.8% increase in stock value over the past year, outperforming the industry's 12.6% growth. Analysts have given PGR a Strong Buy rating with an average price target suggesting a 10.2% potential upside. The company's earnings estimates for the current quarter have been revised upwards by 1.3% over the last 30 days, and it has a history of surpassing earnings expectations. Progressive's financial health is robust, with a VGM Score of B, indicating good value, growth, and momentum. However, despite these positive indicators, the article advises investors to consider their risk tolerance and investment strategy, as stock prices can be volatile and influenced by broader market conditions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/is-it-worth-investing-in-progressive-pgr-based-on-wall-street-s-bullish-views/ar-AA1yoDmw ]

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