** Shares of auto insurer Progressive Corp up 4.20% at $253.03
** PGR's November profit jumps 48% to $1 bln compared to last year
** Co posts 18% growth in net premiums written in November
** Brokerage Piper Sandler raises PT of co to $296 from $290
** 16 of 23 brokerages rate PGR's stock "buy" or higher, 7 rate it hold — LSEG
** Including the session's gains, stock is up 58.8% YTD
(Reporting by Sourasis Bose in Bengaluru)
((Sourasis.bose@thomsonreuters.com))
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