Barclays Maintains Overweight on JFrog, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Overweight rating on JFrog (NASDAQ:FROG) but lowers the price target from $50 to $40.
August 09, 2024 | 12:42 pm
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Barclays analyst Ryan Macwilliams maintains an Overweight rating on JFrog but lowers the price target from $50 to $40.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100