JMP Securities Maintains Market Outperform on MongoDB, Raises Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on MongoDB (NASDAQ:MDB) and raises the price target from $245 to $370.
June 02, 2023 | 10:11 am
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on MongoDB and raises the price target from $245 to $370.
The news of JMP Securities maintaining a Market Outperform rating on MongoDB and raising the price target from $245 to $370 is positive for the company. This indicates that the analyst believes the stock will outperform the market and has increased confidence in the company's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100