Raymond James has recently upgraded Progressive, citing it as a core holding for large cap growth investors. This upgrade comes as a vote of confidence in the company’s potential for future growth and success in the market. Progressive has been a strong performer in the insurance industry, consistently delivering solid results and attracting the attention of investors.
DailyBubble sees this upgrade as a positive sign for Progressive and its shareholders. The company’s strong track record and commitment to innovation make it a compelling choice for those looking to invest in large cap growth stocks. With Raymond James endorsing Progressive as a core holding, it further solidifies the company’s position as a strong player in the market.
As always, it’s important for investors to conduct their own research and consider their own financial goals before making any investment decisions. However, with Raymond James’ endorsement, Progressive is certainly worth keeping an eye on for those interested in large cap growth opportunities.