KeyBanc raised the firm’s price target on JFrog (FROG) to $32 from $30 and keeps an Overweight rating on the shares after attending the company’s SwampUP user conference and investor Q&A, in Austin, TX, along with over 500 customers. The firm was “encouraged to hear” several customers showing interest in JFrog’s security products, and by the pace of platform innovation, including additional GitHub collaboration, the announcement of JFrog Runtime security, and MLOps collaboration with Nvidia (NVDA) NIM.
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