Truist raised the firm’s price target on JFrog to $33 from $29 and keeps a Buy rating on the shares. The company’s Q2 earnings beat and raise showcased JFrog’s ability to balance growth and profitability, with the strength in the cloud and Enterprise offerings being highlighted on the call, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FROG: