Piper Sandler Maintains Overweight on PGR (The Progressive Corporation) Mar 2026

Piper Sandler maintained an Overweight rating on PGR (The Progressive Corporation) on March 2, 2026. This PGR analyst rating keeps Progressive among favored insurers at what the firm calls a historically low valuation. Piper Sandler repeated conviction without changing price target details. The note ran on StreetInsider and investors saw a 0.36% move equal to $0.77 after the update. Meyka AI flags this as an important affirmation from a major broker.