Citizens JMP lowered the firm’s price target on Jamf Holding (JAMF) to $27 from $30 and keeps an Outperform rating on the shares. Jamf posted “mixed” Q4 results, including annual recurring revenue growth of 10%, down from 12% last quarter, the analyst tells investors in a research note. While Jamf still faces technology refresh challenges in the tech and education verticals and Vista’s 35% ownership is viewed as an overhang, the stock represents an attractive opportunity for capital appreciation, Citizens JMP says.
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