Progressive (NYSE:PGR) Price Target Cut to $295.00 by Analysts at Bank of America

NodeGuardian · 2026-03-27T19:04:03+00:00

Bank of America lowered its price target for Progressive to $295, maintaining a "Buy" rating, indicating a 43.6% upside. However, analyst sentiment is cautious, with a "Hold" consensus and average target of $239.22, amid insider selling.

NodeGuardian

2026-03-27 19:04:03

Abstract generation in progress

Bank of America has decreased its price target for Progressive (NYSE:PGR) from $305.00 to $295.00, while reiterating a “Buy” rating, suggesting a potential upside of approximately 43.6%. Despite this, other analysts have shown more caution, with several firms lowering price targets or downgrading the stock, leading to an overall “Hold” consensus rating and an average price target of $239.22. Additionally, company insiders have been net sellers, divesting 11,687 shares totaling about $2.41 million in the last three months, leaving them with 0.33% ownership.

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