In a report released today, Jason Celino from KeyBanc maintained a Buy rating on JFrog (FROG – Research Report). The company’s shares closed yesterday at $40.62.
Celino covers the Technology sector, focusing on stocks such as Cadence Design, Synopsys, and Autodesk. According to TipRanks, Celino has an average return of 7.1% and a 53.42% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for JFrog with a $48.56 average price target.
FROG market cap is currently $4.32B and has a P/E ratio of -86.11.
Based on the recent corporate insider activity of 124 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FROG in relation to earlier this year.
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JFrog (FROG) Company Description:
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.
Read More on FROG:
- JFrog elevated to ‘Best-of-Breed Bison’ at DA Davidson
- These 2 DevOps Stocks Are Must-Owns for Software Investors, Says Wall Street Analyst
- Snowflake, MongoDB downgraded to Sell: Wall Street’s top analyst calls
- KeyBanc starts ‘must-own’ DevOps sector with two Overweight ratings
- JFrog initiated with an Overweight at KeyBanc
