JFrog price target raised to $52 from $45 at Barclays

Barclays raised the firm’s price target on JFrog (FROG) to $52 from $45 and keeps an Overweight rating on the shares. The company reported strong Q2 results with cloud acceleration, improved recurring revenue, and expanding annual cloud commitments, the analyst tells investors in a research note. The firm expects JFrog to “become more interesting to investors.”