In a report released yesterday, Ittai Kidron from Oppenheimer assigned a Buy rating to JFrog (FROG), with a price target of $90.00. The company’s shares closed last Thursday at $65.93.
According to TipRanks.com, Kidron is a top 25 analyst with an average return of 44.7% and a 77.8% success rate. Kidron covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Slack Technologies.
JFrog has an analyst consensus of Moderate Buy, with a price target consensus of $79.20, which is a 22.6% upside from current levels. In a report issued on February 8, Needham also assigned a Buy rating to the stock with a $91.00 price target.
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JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform to achieve Continuous Software Release Management (CSRM). The CSRM platform enables organizations to continuously deliver software updates across any system.