Scotiabank analyst Nick Altmann lowered the firm’s price target on JFrog (FROG) to $36 from $40 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds.
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