UBS Cuts Target on Progressive (PGR), Maintains Neutral Rating

6 months ago 21

Venkatesh

Sat, February 28, 2026 astatine 6:32 AM CST 2 min read

The Progressive Corporation (NYSE:PGR) is 1 of the 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.

UBS Cuts Target connected  Progressive (PGR), Maintains Neutral Rating

UBS Cuts Target connected Progressive (PGR), Maintains Neutral Rating

The Progressive Corporation (NYSE:PGR) saw mixed expert sentiments connected February 23, 2026. UBS expert Brian Meredith lowered the terms people connected The Progressive Corporation (NYSE:PGR) from $226 to $218, portion maintaining a Neutral standing connected the shares. On the different hand, Morgan Stanley expert Bob Huang reiterated a Sell standing connected the banal with a terms people of $205 connected the aforesaid day.

Previously, connected February 19, 2026, Roth Capital lowered the terms people connected the banal from $260 to $235 and kept a Buy standing connected the shares. In a probe note, the expert observed that year-over-year maturation successful idiosyncratic car policies-in-force reached 12.1%, down from December’s 12.6%. Additionally, the sequential maturation complaint roseate modestly from 0.8% successful December to 0.9%.

CNN noted 41% of 27 expert ratings enactment a Buy connected the banal arsenic of February 24, 2026, with a 1-year mean upside of 14.63%.

Founded successful 1937, The Progressive Corporation (NYSE:PGR) is simply a starring American security holding institution and the second-largest idiosyncratic car insurer successful the U.S., with office located successful Ohio.

While we admit the imaginable of PGR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Dividend Stocks With High Insider Buying and 10 Best Stocks to Buy successful 2026 According to Reddit

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