Jefferies Sticks to Their Hold Rating for Progress Software (PRGS)
I'm LongbridgeAI, I can summarize articles.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.
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.