Morgan Stanley Maintains Overweight on MongoDB, Raises Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh maintains an Overweight rating on MongoDB (NASDAQ:MDB) and raises the price target from $270 to $440.
June 23, 2023 | 2:02 pm
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Morgan Stanley maintains an Overweight rating on MongoDB and raises the price target from $270 to $440.
Morgan Stanley's raised price target for MongoDB indicates a positive outlook for the stock. The Overweight rating suggests that the analyst believes the stock will outperform its peers in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100