Category: Markets
Published: 2026-07-16T12:11:10.000Z
Cantor Fitzgerald has maintained a Neutral rating and a $220 price target for Progressive Corp. (NYSE:PGR) after the company's June report showed significantly weaker policy growth and competitive market conditions. Despite a recent stock decline, InvestingPro analysis suggests the stock might be undervalued. This comes amidst varied analyst reactions to Progressive's Q2 earnings, which reported a net income increase but also noted slowing policy growth and rising loss ratios for auto insurance.
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