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Progressive: Snapshot Is Key Differentiator, Initiate With Buy Rating

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PGR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any in ...