The Progressive Corp. (NYSE:PGR) is one of the best value stocks in Goldman Sachs’ portfolio. In a September 22 update, Morgan Stanley analyst Bob Huang marginally lowered the price target on the stock to $265 from$267, but maintained his Hold rating. The analyst’s change to the price target follows the company’s release of its August monthly performance results. Huang has lowered his assumptions for the 2025 total combined ratio and modestly lowered premium growth forecasts for 2026 and 2027. Morgan St ...