ForgeRock (NYSE:FORG) Earns Buy Rating from Analysts at BTIG Research

BTIG Research initiated coverage on shares of ForgeRock (NYSE:FORG) in a research note published on Monday morning, PriceTargets.com reports. The firm issued a buy rating and a $40.00 price objective on the stock.

A number of other research firms also recently issued reports on FORG. Morgan Stanley assumed coverage on shares of ForgeRock in a report on Monday. They issued an equal weight rating and a $35.00 price objective on the stock. Cowen assumed coverage on shares of ForgeRock in a research report on Monday. They issued an outperform rating and a $45.00 price target on the stock. Mizuho assumed coverage on shares of ForgeRock in a research report on Monday. They issued a buy rating and a $40.00 price target on the stock. Finally, Piper Sandler initiated coverage on shares of ForgeRock in a research report on Monday. They issued an overweight rating and a $38.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Buy and an average target price of $38.89.

Shares of ForgeRock stock opened at $32.42 on Monday. ForgeRock has a 1 year low of $30.25 and a 1 year high of $48.88.

ForgeRock Company Profile

ForgeRock Inc provides digital identity, delivers modern identity and access management solutions for consumers, employees and things to simply and safely access the connected world. ForgeRock Inc is based in SAN FRANCISCO.

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Analyst Recommendations for ForgeRock (NYSE:FORG)

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