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Mizuho Lowers Progressive (PGR) Price Target to $223
Mizuho has lowered its price target for The Progressive Corporation (NYSE: PGR) from $235 to $223 while maintaining a Neutral rating. This adjustment follows Progressive’s February 2026 earnings report, which showed a 2% increase in monthly net income to $943 million and a 10% year-over-year growth in total policies in force, though the company noted an increase in its combined ratio and a temporary nuance affecting February’s net premiums written growth.