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JFrog price target raised to $65 from $55 at Canaccord

Canaccord analyst Kingsley Crane raised the firm’s price target on JFrog (FROG) to $65 from $55 and keeps a Buy rating on the shares. The firm said they printed a resounding beat-and-raise in Q3 highlighted by the fourth quarter in a row of Cloud growth acceleration, this time adding $6.3M in incremental revenue to grow 49.5% yea-over-year and 11% quarter-over-quarter.

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