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Analysts Are Bullish on Top Technology Stocks: JFrog (FROG), Palo Alto Networks (PANW)

Tipranks - Tue Feb 24, 6:44AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on JFrog (FROGResearch Report) and Palo Alto Networks (PANWResearch Report) with bullish sentiments.

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JFrog (FROG)

Truist Financial analyst Miller Jump maintained a Buy rating on JFrog today. The company’s shares closed last Friday at $37.75.

According to TipRanks.com, Jump is a 3-star analyst with an average return of 5.2% and a 45.1% success rate. Jump covers the Technology sector, focusing on stocks such as ServiceNow, Snowflake, and Confluent. ;'>

Currently, the analyst consensus on JFrog is a Strong Buy with an average price target of $70.94, which is a 41.7% upside from current levels. In a report issued on February 8, Robert W. Baird also maintained a Buy rating on the stock with a $78.00 price target.

See the top stocks recommended by analysts >>

Palo Alto Networks (PANW)

Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on Palo Alto Networks yesterday and set a price target of $220.00. The company’s shares closed last Friday at $148.70.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 17.7% and a 62.4% success rate. Kothari covers the Technology sector, focusing on stocks such as Interlink Electronics, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $215.87 average price target, representing a 43.6% upside. In a report issued on February 12, TipRanks – Google also upgraded the stock to Buy with a $183.00 price target.

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