From Yahoo Finance: 2025-05-19 15:44:00

Morgan Stanley analyst Bob Huang increased The Progressive Corporation (PGR)’s price target to $330 per share, up 3.12% from $320. The stock has surged 20% year-to-date, outperforming the market. Quarterly results showed a 10% profit increase driven by strong demand for auto insurance policies.

The London Company Large Cap Strategy praised PGR’s performance, highlighting improved margins, faster growth, and industry-leading accident frequency outcomes. Wall Street analysts maintain a Buy rating on the stock. While PGR shows promise, some AI stocks may offer higher returns. Consider exploring other options for potential investments.



Read more at Yahoo Finance: Morgan Stanley Raises The Progressive Corporation (PGR)’s Price Target to $330 from $320, Maintains Overweight Rating