Mizuho Maintains Neutral on MongoDB, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Matthew Broome maintains a Neutral rating on MongoDB (NASDAQ:MDB) and raises the price target from $180 to $220.

June 02, 2023 | 11:32 am
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Mizuho analyst Matthew Broome maintains a Neutral rating on MongoDB and raises the price target from $180 to $220.
The news directly mentions MongoDB (NASDAQ:MDB) and the price target increase from $180 to $220 by Mizuho analyst Matthew Broome. However, the rating remains Neutral, indicating that the analyst does not expect significant short-term price movement. The importance is high as price targets can influence investor sentiment, but the neutral rating suggests a limited impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100