Needham Reiterates Buy on JFrog, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on JFrog (NASDAQ:FROG) and maintained a $45 price target.
June 13, 2024 | 9:36 am
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Needham analyst Mike Cikos has reiterated a Buy rating on JFrog and maintained a $45 price target, indicating continued confidence in the company's performance.
The reiteration of a Buy rating and the maintenance of a $45 price target by a reputable analyst suggests strong confidence in JFrog's future performance. This is likely to positively impact the stock price in the short term as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100