Needham Maintains Buy on JFrog, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos reaffirmed a Buy rating on JFrog (NASDAQ:FROG) and increased the price target from $31 to $40, indicating a positive outlook on the company's stock.
January 17, 2024 | 3:47 pm
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Needham analyst Mike Cikos has maintained a Buy rating on JFrog and raised the price target from $31 to $40, suggesting confidence in the company's future performance.
The increase in price target by Needham reflects a positive assessment of JFrog's potential, likely leading to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100