Goldman Sachs initiated coverage of Jamf Holding with a Neutral rating and $21 price target. Jamf is the leading provider of cloud-based device management and security solutions for managing Apple devices in enterprise and educational environments, the analyst tells investors in a research note. The firm views Jamf as positively levered to the growth of Apple devices within the commercial and education markets, but believes the shares are fairly valued given recent headwinds to growth, limiting upside to Street estimates.
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