Progressive (PGR) News Today

The Progressive Corporation (NYSE:PGR) shares moved based on a mix of analyst actions, earnings updates and macro insights:

• Positive Sentiment: Keefe, Bruyette & Woods raised their price target to $270 and maintained a “market perform” rating, highlighting balanced valuation. Progressive (NYSE:PGR) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says
• Positive Sentiment: Roth Capital and William Blair lifted Q3 and FY2026 earnings estimates, reflecting stronger underwriting margins and investment income.
• Positive Sentiment: Zacks noted Progressive’s high interest-coverage ratio positions it well to benefit from upcoming Fed rate cuts. 4 High-Interest Coverage Stocks Set to Shine After Fed's Rate Cut
• Positive Sentiment: Zacks reported year-over-year earnings growth in August, driven by higher premiums and investment gains. Progressive's August Earnings Increase Y/Y on Higher Premiums
• Positive Sentiment: The Motley Fool highlighted Progressive’s telematics technology as a key differentiator that underpins its growth strategy. This "Boring" Insurance Stock Is Actually a Secret Tech Company
• Neutral Sentiment: UBS maintained a Hold rating and $268 target, reflecting balanced upside and competitive risks. Cautious Outlook on Progressive: Hold Rating Amid Growth Concerns and Competitive Pressures
• Neutral Sentiment: Wells Fargo reaffirmed an “equal weight” rating but trimmed its target to $265, citing slower policy count growth. Wells Fargo & Company Reaffirms "Equal Weight" Rating for Progressive (NYSE:PGR)
• Neutral Sentiment: Bank of America pared its target to $343 but kept a Buy rating, underscoring long-term confidence despite near-term volatility. Bank of America Lowers Progressive (NYSE:PGR) Price Target to $343.00
• Neutral Sentiment: An AI dividend roundup included Progressive as a stable dividend payer set to benefit indirectly from market shifts. AI Is Set to Supercharge 3 “Boring” Dividends
• Negative Sentiment: Progressive reported a 6% decline in Q2 results, indicating margin pressure and softer underwriting trends. The Progressive Corp. (PGR) Declined 6% in Q2
• Negative Sentiment: BMO Capital Markets cut the rating to “Market Perform” with a $250 target, pointing to margin headwinds. Progressive (NYSE:PGR) Cut to "Market Perform" at BMO Capital Markets
• Negative Sentiment: American Banking News noted BMO’s rating cut, adding to today’s bearish analyst commentary. Progressive (NYSE:PGR) Stock Rating Lowered by BMO Capital Markets