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 05, 2023 | 12:10 pm
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Goldman Sachs maintains a Buy rating on MongoDB and raises the price target from $280 to $420.
Goldman Sachs' maintained Buy rating and increased price target for MongoDB indicates a positive outlook for the company's stock. This news is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100