What exactly did Evercore ISI do on March 18, 2026 for PGR analyst rating?

Evercore ISI maintained a **Negative** rating on The Progressive Corporation (PGR) on March 18, 2026, citing caution despite a solid quarter. The firm did not issue a new price target in the note.

Does the maintained Negative mean a PGR downgrade or upgrade?

No. A maintained Negative is neither a downgrade nor an upgrade. It keeps the prior stance in place and signals continued caution rather than a changed conviction.

How should investors act after this PGR analyst rating update?

Investors should reassess risk exposure, review underwriting and margin outlook, and watch for follow-up analyst reports. Traders may reduce positions short term; long-term holders should check fundamentals and guidance.

Where can I find the Evercore ISI note and follow PGR coverage in real time?

Read the Evercore summary on StreetInsider and use Meyka’s PGR page for real-time alerts and analyst tracking: [StreetInsider](https://www.streetinsider.com/Analyst+Comments/Evercore+ISI+still+In+Line+on+Progressive+Corp.+%28PGR%29+despite+%27solid+print%27/26182452.html) and [Meyka PGR page](https:

Analyst Ratings

Evercore ISI Maintains Negative on PGR The Progressive Corporation March 18 2026

ByHuzaifa Zahoor March 19, 2026

Evercore ISI maintained a Negative rating on The Progressive Corporation (PGR) on March 18, 2026, marking a hold of its cautious view despite a “solid print.” The PGR analyst rating note arrived in midday commentary and coincides with a short-term stock dip of -0.73% ($-1.47). We examine the Evercore call, what the maintained Negative rating means for investors, and how this fits into broader analyst coverage and PGR’s market standing.