From StockStory:



JFrog’s shares rose 6.2% after an analyst upgraded the stock’s rating to Buy and raised the price target. The company is expected to benefit from a rebound in the software development space, new product launches, and improved cloud growth. The market considers this news meaningful but not something that would fundamentally change its perception of the business. JFrog’s shares have been volatile, with the biggest move being an 8.8% gain after the company reported strong third quarter results. The company is up 58.1% since the beginning of the year.



Original: Why Are JFrog (FROG) Shares Soaring Today