Cantor Fitzgerald Maintains Overweight on JFrog, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Jonathan Ruykhaver has maintained an Overweight rating on JFrog (NASDAQ:FROG) and increased the price target from $35 to $40.
February 12, 2024 | 2:11 pm
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Cantor Fitzgerald has maintained an Overweight rating on JFrog and raised the price target from $35 to $40.
The increase in price target by a reputable analyst firm like Cantor Fitzgerald typically signals a strong bullish sentiment towards the company's stock. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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