Truist Securities Maintains Buy on MongoDB, Raises Price Target to $420
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Miller Jump maintains a Buy rating on MongoDB (NASDAQ:MDB) and raises the price target from $365 to $420.
June 23, 2023 | 3:44 pm
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Truist Securities maintains a Buy rating on MongoDB and raises the price target from $365 to $420.
The raised price target by Truist Securities indicates a positive outlook for MongoDB's stock price in the short term. The Buy rating suggests that the analyst believes the stock will outperform the market, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100