ForgeRock, Inc (FORG) Tops Q1 EPS by 4c

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ForgeRock Inc (FORG) PT Lowered to $28 at Cowen

May 12, 2022 6:40 AM EDT

Cowen analyst Shaul Eyal lowered the price target on ForgeRock Inc (NYSE: FORG) to $28.00 (from $38.00) while maintaining an Outperform rating following earnings.

The analyst commented, "FORG posted a solid 1Q22, with ARR accelerating to 35% y/y for a second Q in a... More