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Analysts Conflicted on These Financial Names: PayPal Holdings (PYPL) and Progressive (PGR)

Tipranks - Wed Feb 4, 3:14PM CST

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on PayPal Holdings (PYPLResearch Report) and Progressive (PGRResearch Report).

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PayPal Holdings (PYPL)

TD Cowen analyst Bryan Bergin maintained a Hold rating on PayPal Holdings today and set a price target of $48.00. The company’s shares closed last Tuesday at $41.50.

According to TipRanks.com, Bergin is a 2-star analyst with an average return of 0.4% and a 47.4% success rate. Bergin covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Automatic Data Processing, and Fidelity National Info. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for PayPal Holdings with a $62.81 average price target, representing a 46.5% upside. In a report issued on January 26, Cantor Fitzgerald also initiated coverage with a Hold rating on the stock with a $60.00 price target.

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Progressive (PGR)

Citi analyst Matthew Heimermann maintained a Buy rating on Progressive today and set a price target of $261.00. The company’s shares closed last Tuesday at $201.05.

According to TipRanks.com, Heimermann is a 2-star analyst with an average return of 0.9% and a 55.6% success rate. Heimermann covers the Financial sector, focusing on stocks such as American International Group, Marsh & McLennan Companies, and Arthur J Gallagher & Co. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Progressive with a $244.20 average price target, representing a 20.4% upside. In a report issued on January 29, TipRanks – OpenAI also downgraded the stock to Buy with a $235.00 price target.

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