Skip to main content

Progressive (PGR) Receives a Buy from Raymond James

Tipranks - Tipranks - Tue Feb 24, 8:53AM CST

Raymond James analyst Gregory Peters reiterated a Buy rating on Progressive today and set a price target of $245.00.

Claim 50% Off TipRanks Premium

According to TipRanks, Peters is a 5-star analyst with an average return of 9.7% and a 65.62% success rate. Peters covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Brown & Brown, and Marsh & McLennan Companies.

In addition to Raymond James, Progressive also received a Buy from Roth MKM’s Harry Fong in a report issued on February 19. However, today, Morgan Stanley maintained a Sell rating on Progressive (NYSE: PGR).

See Insiders’ Hot Stocks on TipRanks >>

Based on Progressive’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $22.51 billion and a net profit of $2.62 billion. In comparison, last year the company earned a revenue of $19.71 billion and had a net profit of $2.33 billion

Read More on PGR:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).