BMO, KBW raise PT on Progressive on better outlook and strong performance

* Brokerages BMO Capital and KBW raise PT on auto insurer Progressive Corp PGR, citing robust profit margins in the coming months

** BMO raises PT for PGR to $252 from $250, citing a modestly better outlook for net investment income and premium growth

** KBW raises PT for PGR to $270 from $268 following better-than-expected results in its August earnings report

** 10 of 25 brokerages rate the stock "buy" or "higher", 15 "hold"; their median PT is $276 - LSEG

** Including session's move, stock up about 1.82% YTD