JFrog Stock Surges on Analyst Praise

JFrogs stock surged by nearly five percent in afternoon trading, following increased price targets from financial analysts. TD Cowen and Truist Securities raised their targets to seventy-five and seventy dollars, respectively, citing JFrogs impressive fifty percent growth in its cloud business. KeyBanc maintained its positive rating, highlighting the companys strong position in AI software development. The stock reached a new fifty-two-week high, indicating market confidence in JFrogs growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.