Jamf Holding price target lowered to $18 from $27 at Citizens JMP

Citizens JMP lowered the firm’s price target on Jamf Holding (JAMF) to $18 from $27 and keeps an Outperform rating on the shares. The company posted better than expected Q2 results and guidance for Q3 also beat expectations, the analyst tells investors in a research note. Although the macro remains uncertain and pressure from the federal government could inhibit device refreshes, the stock stock represents an attractive opportunity for capital appreciation, Citizens says.