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Analysts Offer Insights on Financial Companies: Figure Technology Solutions, Inc. Class A (FIGR) and Progressive (PGR)

Tipranks - Sat Feb 28, 2:28AM CST

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Figure Technology Solutions, Inc. Class A (FIGRResearch Report) and Progressive (PGRResearch Report).

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Figure Technology Solutions, Inc. Class A (FIGR)

In a report released today, Kyle Peterson from Needham reiterated a Buy rating on Figure Technology Solutions, Inc. Class A, with a price target of $55.00. The company’s shares closed last Thursday at $34.04, close to its 52-week low of $28.37.

According to TipRanks.com, Peterson ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.5% and a 36.2% success rate. Peterson covers the Financial sector, focusing on stocks such as Upstart Holdings, Axos Financial, and Sezzle Inc. ;'>

Figure Technology Solutions, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $64.75, which is an 89.9% upside from current levels. In a report issued on February 13, Goldman Sachs also maintained a Buy rating on the stock with a $49.00 price target.

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Progressive (PGR)

Morgan Stanley analyst Bob Huang maintained a Sell rating on Progressive yesterday and set a price target of $205.00. The company’s shares closed last Thursday at $211.73, close to its 52-week low of $201.34.

According to TipRanks.com, Huang is ranked 0 out of 5 stars with an average return of -5.5% and a 46.6% success rate. Huang covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, Jackson Financial Incorporation, and Bowhead Specialty Holdings Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Progressive with a $239.63 average price target.

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