---
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)
---

# 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.

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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.

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