Goldman Sachs Maintains Buy on MongoDB, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Buy rating on MongoDB (NASDAQ:MDB) and raises the price target from $280 to $420.
June 02, 2023 | 9:50 am
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Goldman Sachs maintains a Buy rating on MongoDB and raises the price target from $280 to $420.
Goldman Sachs' decision to maintain a Buy rating on MongoDB and raise the price target from $280 to $420 indicates a positive outlook for the company's stock. This news is likely to boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100