This strong performance was driven by increased developer activity and significant security wins. Similarly, DA Davidson raised its price target for JFrog to $55, maintaining a Buy rating, with cloud usage and security demand as key growth drivers. CFRA also adjusted its outlook, raising the price target to $51 from $47, while maintaining a Buy rating, pointing to JFrog's consistent top-line growth as a positive indicator. Truist Securities reiterated its Buy rating and $55 price target following discussions with JFrog's CFO and VP of Investor Relations, focusing on growth drivers and future prospects. These recent developments reflect a positive sentiment among analysts regarding JFrog's financial health and growth potential. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.