Mizuho lowered the firm’s price target on Jamf Holding (JAMF) to $13 from $15 and keeps an Outperform rating on the shares as part of a Q2 earnings preview for the software group. The firm says its Q2 checks were good overall, with cybersecurity demand “generally healthy” and artificial intelligence adoption “very strong. However, several contacts noted slightly more deal pushouts than expected, which could constrain fundamental upside in the quarter, the analyst tells investors in a research note. Mizuho’s favorite stocks to own ahead of the print are Cyberark (CYBR) and Microsoft (MSFT).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JAMF:
- Jamf Holding price target lowered to $12 from $15 at BofA
- Jamf Holding Announces Strategic Reinvestment Plan
- Jamf Holding Announces Board Changes at Annual Meeting
- Jamf Holding showcases AI-powered managemet features at Jamf Nation Live
- Jamf Holding’s Growth Potential Highlighted by Strategic Opportunities and Favorable Macroeconomic Conditions