Morgan Stanley analyst Keith Weiss lowered the firm’s price target on Jamf Holding (JAMF) to $10 from $14 and keeps an Equal Weight rating on the shares. Though estimates have come down in the last year, the firm continues to see risk to the durability of Jamf’s long-term growth given intense competitive pressures, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JAMF:
- Positive Outlook for Jamf Holding: Buy Rating Driven by Strategic Initiatives and Growth Opportunities
- Jamf’s Earnings Call: Strong Growth and Strategic Moves
- Jamf Holding price target lowered to $12 from $13 at Mizuho
- Jamf Holding’s Strong Q2 Performance and Strategic Shifts Earn ‘Buy’ Rating from Analyst Jake Roberge
- Jamf Holding price target lowered to $15 from $19 at Canaccord