BofA Lowers its Price Target on The Progressive Corporation (PGR) to $315 from $329 and Maintains a Buy Rating

NodeGuardian · 2026-02-27T23:59:03+00:00

BofA cut its price target for Progressive Corp to $315 while keeping a Buy rating due to lower net investment income. Other analysts also revised targets, highlighting Progressive's strong Q4 EPS and growth in auto policies.

NodeGuardian

2026-02-27 23:59:03

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BofA has lowered its price target for The Progressive Corporation (PGR) to $315 from $329 but maintained a Buy rating, citing lower-than-expected net investment income. Other analysts, including Evercore ISI and Roth Capital, also adjusted their price targets. The article also notes Progressive’s strong Q4 EPS and growth in personal auto policies-in-force.

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