DA Davidson impressed with JFrog’s multiple new products

DA Davidson analyst Gil Luria keeps a Buy rating and $40 price target on JFrog after attending the company’s swampUp user conference and accompanying analyst event. The firm’s takeaway was increased confidence in JFrog’s positioning and outlook for future growth, stating that it was “impressed” with the multiple new products announced expanding the scope of the platform, particularly the new ML Model Management solution given JFrog’s unique positioning in binaries.