Cantor Fitzgerald Maintains Overweight on JFrog, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee has maintained an Overweight rating on JFrog (NASDAQ:FROG) and increased the price target from $40 to $45.
February 15, 2024 | 2:03 pm
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Cantor Fitzgerald has maintained an Overweight rating on JFrog and raised the price target from $40 to $45.
The increase in price target by a reputable analyst firm like Cantor Fitzgerald typically signals a strong bullish sentiment towards the stock, suggesting a positive short-term impact on JFrog's stock price. The Overweight rating reaffirms the firm's confidence in JFrog's performance and potential for growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100