Needham Reiterates Buy Rating on Jamf Holding Corp. (JAMF)
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Rating Summary:
2 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Needham analyst Joshua Reilly reiterated a Buy rating and $25.00 price target on Jamf Holding Corp. (NASDAQ: JAMF).
The analyst commented: "We attended the Jamf Nation User Conference (JNUC) in Nashville, TN and had the opportunity to speak with partners, customers and employees. We came away with increased confidence in the product roadmap and platform differentiation versus legacy and start-up competitors. Our partner checks indicate demand is yet to change which is consistent with the in-line pre-announcement to the quarter following the CFO transition announcement last week. However, the tone with partners and customers is more positive, and they do expect improving trends in 2025 as the pipeline is building and customer budgets are growing. We attended an interesting session regarding switching from Kandji to Jamf at the event and were able to get additional insights from customers why they are switching to Jamf outlined below. We reiterate our Buy and $25 PT."
For an analyst ratings summary and ratings history on Jamf Holding Corp. click here. For more ratings news on Jamf Holding Corp. click here.
Shares of Jamf Holding Corp. closed at $16.71 yesterday.
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