Barclays Maintains Overweight on MongoDB, Raises Price Target to $421
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Raimo Lenschow maintains an Overweight rating on MongoDB (NASDAQ:MDB) and raises the price target from $374 to $421.
June 26, 2023 | 2:05 pm
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Barclays analyst Raimo Lenschow maintains an Overweight rating on MongoDB and raises the price target from $374 to $421.
The raised price target by Barclays analyst Raimo Lenschow indicates a positive outlook for MongoDB's stock. This could lead to an increase in investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100