Piper Sandler Maintains Neutral on JFrog, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens maintains a Neutral rating on JFrog (NASDAQ:FROG) and raises the price target from $24 to $30.
August 04, 2023 | 2:01 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on JFrog and raised the price target from $24 to $30.
The news is directly about JFrog and is likely to influence investor sentiment. However, as the rating is Neutral, it suggests that the stock is expected to perform in line with the market or other stocks in its sector. The increase in price target indicates a positive outlook but it's not a strong buy signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100