--- title: "Jefferies Sticks to Their Hold Rating for Progress Software (PRGS)" type: "News" locale: "en" url: "https://longbridge.com/en/news/291634008.md" description: "Jefferies analyst Brent Thill maintained a Hold rating on Progress Software (PRGS) with a $40.00 price target. While Thill holds a 3-star rating, the broader analyst consensus for PRGS is Strong Buy, with an average price target of $57.67." datetime: "2026-07-03T07:15:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291634008.md) - [en](https://longbridge.com/en/news/291634008.md) - [zh-HK](https://longbridge.com/zh-HK/news/291634008.md) generator: "portal-rs" --- # Jefferies Sticks to Their Hold Rating for Progress Software (PRGS) In a report released today, Brent Thill from Jefferies maintained a Hold rating on Progress Software, with a price target of $40.00. ### 4th of July Sale - 70% Off - Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. - Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. According to TipRanks, Thill is a 3-star analyst with an average return of 1.6% and a 50.20% success rate. Thill covers the Technology sector, focusing on stocks such as Adobe, Intuit, and Oracle. Progress Software has an analyst consensus of Strong Buy, with a price target consensus of $57.67. ### Related Stocks - [PRGS.US](https://longbridge.com/en/quote/PRGS.US.md) - [JEF.US](https://longbridge.com/en/quote/JEF.US.md) - [ADBE.US](https://longbridge.com/en/quote/ADBE.US.md) - [INTU.US](https://longbridge.com/en/quote/INTU.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md) ## Related News & Research - [Progress Software (PRGS) Projected to Announce Quarterly Earnings on Wednesday](https://longbridge.com/en/news/299846287.md) - [Progress Software Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts](https://longbridge.com/en/news/299887146.md) - [Progress Software to discuss Domo acquisition impact on upcoming quarterly earnings call](https://longbridge.com/en/news/299808262.md) - [What's Going On With Oracle Stock Tuesday?](https://longbridge.com/en/news/300437295.md) - [AI’s $1 Trillion Funding Problem Is Moving From Stocks to Bonds](https://longbridge.com/en/news/300336501.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**