Evercore ISI Lowers PT on Progressive Corporation (PGR), Keeps a Hold Rating

The Progressive Corporation (NYSE:PGR) is one of the Best and Cheap Stocks to Buy Right Now. On October 1, David Motemaden from Evercore ISI lowered the firm’s price target on The Progressive Corporation (NYSE:PGR) from $275 to $273, while keeping a Hold rating on the stock. The analyst noted that they updated the price targets for multiple international Insurance Property & Casualty companies under their coverage. He expects the company to deliver solid Q3 results, despite the stock showing mixed perform ...