Oppenheimer Maintains Outperform on MongoDB, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on MongoDB (NASDAQ:MDB) and raises the price target from $270 to $430.
June 02, 2023 | 10:39 am
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POSITIVE IMPACT
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on MongoDB and raises the price target from $270 to $430.
The news of Oppenheimer maintaining an Outperform rating on MongoDB and raising the price target from $270 to $430 is positive for the company. This indicates that the analyst has a bullish outlook on the stock, which could lead to increased investor interest and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100