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Fly News Breaks for November 6, 2015
PGR
Nov 6, 2015 | 06:12 EDT
Credit Suisse downgraded Progressive to Underperform and raised its price target to $29 from $28 on shares. Analyst Ryan Tunis lowered estimates following the Q3 report to reflect margin deterioration from increased loss trends, which he expects to accelerate for the next few quarters.
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