JFrog price target raised to $58 from $55 at TD Cowen

TD Cowen raised the firm’s price target on JFrog (FROG) to $58 from $55 and keeps a Buy rating on the shares. The firm previewed its Q3 results where they model Cloud growth of 36%, total growth of 18% and expect another beat and raise. Their checks from SwampUp in September and recent partner check were bullish as they are seeing AI tailwinds, up-tiering, GitHub benefits and more.