BofA Maintains Buy Rating on The Progressive Corporation (PGR)

Bank of America analyst Joshua Shanker maintained a 'Buy' rating for The Progressive Corporation (NYSE:PGR) despite lowering its price target to $320 from $325. This follows PGR's Q1 2026 earnings miss due to higher catastrophe loss activity, prompting BofA to reduce EPS estimates across multiple years.

By Jeff Lewis Sun, May 31, 2026 at 12:43 PM GMT+3 1 min read · Yahoo Finance · May 31, 2026, 09:43 UTC

BofA Maintains Buy Rating on The Progressive Corporation (PGR)

Tickers: $PGR

Topics: BofA Buy rating Earnings miss The Progressive Corporation

Read the full article at Yahoo Finance

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