Piper Sandler Maintains Neutral on JFrog, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens maintains a Neutral rating on JFrog (NASDAQ:FROG) and lowers the price target from $30 to $28.
November 02, 2023 | 7:54 pm
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Piper Sandler has maintained a Neutral rating on JFrog and lowered the price target from $30 to $28.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock price of JFrog in the short term. This is due to the fact that price targets often influence investor sentiment and can lead to selling pressure if they are reduced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100