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Progressive initiated with an Outperform at BMO Capital
The Fly

Progressive initiated with an Outperform at BMO Capital

BMO Capital analyst Michael Zaremski initiated coverage of Progressive with an Outperform rating and $155 price target, calling it his top pick among the personal insurers. Both margin expansion and growth above consensus levels are "highly likely" in 2023, Zaremski contends.

Published first on TheFly

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