Management expects net sales to be in the range of $342 to $348 million, gross margin to be approximately 52.5% to 54.5% and adjusted earnings per share in the range of $0.01 to $0.06 as it continues to invest in new product launches to drive future growth.
Morgan Stanley Maintains Equal-Weight on JFrog, Lowers Price Target to $26
Morgan Stanley analyst Sanjit Singh maintains JFrog (NASDAQ:FROG) with a Equal-Weight and lowers the price target from $40 to $26.