DA Davidson Reaffirms Buy on JFrog, Citing Growing…

From Financial Modeling Prep: 2024-10-14 12:09:00

DA Davidson analysts reiterated their Buy rating on JFrog (NASDAQ:FROG) with a $40 price target, citing strong demand and positive momentum for the software company. Developer data shows improved metrics, signaling increased interest. JFrog’s solid value proposition in the enterprise sector is noted, despite some perception challenges. Analysts believe the company is poised for growth and maintain a bullish outlook, especially with talks of a potential sale.



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