A mixed Q2 for Progressive Corp. (NYSE:PGR) as revenue beat expectations but net income and earnings per share declined. Analysts lowered price targets.

Progressive (NYSE: PGR) stock fell 8% despite a Q2 EPS beat as investors react to a 31% drop in June net income.

A mixed Q2 for Progressive Corp. (NYSE:PGR) as revenue beat expectations but net income and earnings per share declined. Analysts lowered price targets.