Progress Energy: Brokerages Set Progress Energy, Inc. (NYSE:PGN) Target Price at $0.83

Shares of Progress Energy, Inc. (NYSE:PGN) have been assigned an average recommendation of "Hold" from the eight analysts that are currently covering the company, Market Beat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. [...]