Needham Reiterates Buy on JFrog, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a 'Buy' rating on JFrog (NASDAQ:FROG) and raised the price target from $25 to $36.
August 04, 2023 | 1:56 pm
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Needham analyst Mike Cikos has reiterated a 'Buy' rating on JFrog and raised the price target from $25 to $36.
The reiteration of a 'Buy' rating and an increase in the price target by a respected analyst like Mike Cikos is a positive signal for the stock. 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