RBC Capital Maintains Outperform on MongoDB, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria maintains an Outperform rating on MongoDB (NASDAQ:MDB) and raises the price target from $235 to $400.
June 02, 2023 | 1:45 pm
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RBC Capital maintains an Outperform rating on MongoDB and raises the price target from $235 to $400.
RBC Capital's raised price target for MongoDB indicates a positive outlook for the stock. The Outperform rating suggests that the analyst believes the stock will outperform the market in the short term. This news is likely to have a positive impact on MongoDB's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100