UPDATE: Deutsche Bank Raises PT on The Progressive Corporation Following September 2013 EPS Report
October 11, 2013 at 11:42 AM EDT
In a report published Friday, Deutsche Bank analyst Joshua Shanker reiterated a Sell rating on The Progressive Corporation (NYSE: PGR ), and raised the price target from $21.00 to $22.00. In the report, Deutsche Bank noted, “Progressive reported September 2013 EPS of 10cts, albeit including -4cts of after-tax catastrophe losses
