JP Morgan Maintains Overweight on JFrog, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains an Overweight rating on JFrog (NASDAQ:FROG) and raises the price target from $29 to $33.
July 25, 2023 | 5:13 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on JFrog and raises the price target from $29 to $33, which could lead to a positive market reaction.
The raised price target by JP Morgan, a reputable financial institution, indicates a positive outlook for JFrog. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100