The veteran insurer gets a new, not entirely positive evaluation from a pundit.In a case of damning with faint praise, Progressive (PGR -1.72%) stock took something of a hit on Thursday. An analyst initiated coverage of the stock, pointing out several positives and negatives that might affect its price. Investors clearly concentrated more on the latter, as they bid said price down by almost 2% during the trading session. That put it more deeply in the red than the bellwether S&P 500 index, which fell by 0.3 ...