Progressive stock steadies premarket after 5% slide as Mizuho trims target again
Progressive shares rose 0.2% to $205.44 in premarket trading Wednesday after a 5.3% drop Tuesday. Mizuho and Wells Fargo both trimmed their price targets to $240 but kept neutral ratings. SIAA announced a partnership to distribute Progressive’s auto products through its agency network. CEO Susan Patricia Griffith acquired 2,918 restricted stock units via dividend equivalents, according to a regulatory filing.