Progressive stock price target raised to $115 from $90 at MKM Partners
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September 02, 2020 12:35 ET (16:35 GMT)
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The Progressive Corporation is an insurance holding company. The Company's insurance subsidiaries and affiliates provide personal and commercial automobile and property insurance, other specialty property-casualty insurance and related services. The Company operates through the Personal Lines, Commercial Lines and Property segments. The Company's Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. The Commercial Lines business writes primary liability, physical damage, and business-related general liability and property insurance. It provides property insurance for homes, condos, manufactured homes, and renters, as well as personal umbrella insurance and primary and excess flood insurance. The Company's service business includes commercial auto insurance procedures/plans (CAIP) and commission-based businesses.
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(END) Dow Jones Newswires
September 02, 2020 12:35 ET (16:35 GMT)
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