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JFrog price target raised to $48 from $40 at Piper Sandler

Piper Sandler raised the firm’s price target on JFrog (FROG) to $48 from $40 and keeps a Neutral rating on the shares. The firm notes Q2 was another solid result from JFrog as accelerating cloud growth underpinned a 150 bp increase in total revenue growth vs. the prior quarter.

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