The Progressive Corporation (NYSE:PGR) is one of the best inexpensive stocks to buy now. On January 16, HSBC downgraded Progressive to Hold from Buy with a $224 price target. Earlier, on January 15, BMO Capital lowered the price target on Progressive Corporation to$239 from $253 with a Market Perform rating. The firm informed investors that the adjustment follows Progressive Corporation’s recent filing for rate decreases within its Florida subsidiaries, specifically a 9% reduction for agent-sold policies ...