Guggenheim analyst Howard Ma initiated coverage of JFrog (FROG) with a Buy rating and $60 price target The firm says JFrog has a strategic role in software development and enterprise risk management as the “de facto system of record” for governing software artifacts. The company is well positioned to benefit from the proliferation of AI-generated code and resulting software binaries that need proper curation and protection, the analyst tells investors in a research note.
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