The Progressive Corporation (NYSE:PGR) is a top long-term investment, with BofA lowering price target to $346 on November 19. PGR added 273,000 net auto consumers in October, up from 150,000 in September, signaling strong growth after a decline. October earnings showed $7.002 billion in net premiums written, a 107% increase in net income compared to 2024.

Despite bearish sentiments, October 2025 marked the company’s third-strongest monthly net policy growth. The Progressive Corporation (NYSE:PGR) offers residential property, personal and commercial auto insurance, and other specialty insurance services. Divided into Personal Lines, Commercial Lines, and Property segments, PGR is an insurance holding company.

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Read more at Yahoo Finance: BofA Slashes PT on The Progressive Corporation (PGR) to $346 From $351