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JAMF Holdings Corp (NASDAQ:JAMF) Faces Citigroup Downgrade Amid Strategic Partnership
Financial Modeling Prepยท 2025-12-03 16:00
Core Viewpoint - JAMF Holdings Corp is a leading provider of management and security solutions for Apple devices, particularly in workplace settings, despite facing competition from other tech firms [1] Group 1: Stock Performance and Analyst Actions - On December 3, 2025, Citigroup downgraded JAMF's stock from "Market Outperform" to "Market Perform" while the stock was priced at $12.97 [2][5] - Currently, JAMF's stock is trading at $12.97, with a slight increase of 0.01, reflecting a 0.08% change [4][5] - Over the past year, JAMF's stock has fluctuated between a high of $16.16 and a low of $7.09, with a market capitalization of approximately $1.73 billion [4] Group 2: Strategic Developments - JAMF has announced a strategic partnership with UberEther aimed at achieving FedRAMP High and DoD IL5 authorization, which will enhance security for U.S. public sector and commercial organizations [2][3][5] - The partnership with UberEther is significant as it targets top-tier security standards, potentially boosting JAMF's appeal to organizations that require high security [3]