JFrog Can Benefit From Rapid Code Development, RBC Says

MT newswire2026/09/03 15:45

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11:45 AM EDT, 09/03/2026 (MT Newswires) -- JFrog (FROG) can benefit from the rapid pace of code development, supported by growing security and governance offerings, RBC Capital Markets said in a Thursday note. While the company did not provide updated financial targets at its swampUP 2026 conference, its new product announcements were encouraging, analysts said. RBC said that the company did a good job outlining the product and artificial intelligence roadmap, as well as indicating future growth drivers, including security and governance stock-keeping units. Analysts said that JFrog is in a unique position in the software supply chain, with durable growth of over 20% and several growth levers with the potential to drive upside to estimates. RBC kept its outperform rating and $118 price target on the stock. Price: 91.78, Change: +0.05, Percent Change: +0.05

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41