This Is What Whales Are Betting On MongoDB
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $390.0 to $560.0 for MongoDB over the last 3 months. The current price of MDB is up 0.24% at $408.18. Barclays, Truist Securities, and Morgan Stanley have maintained their positive ratings on MongoDB, while Capital One and Piper Sandler have downgraded their actions.
July 14, 2023 | 2:33 pm
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MongoDB has seen a bullish stance from a significant investor, with a target price range of $390.0 to $560.0. The current price is $408.18, with mixed ratings from experts.
The bullish stance from a significant investor, along with the target price range, indicates a positive outlook for MongoDB. However, the mixed ratings from experts suggest some uncertainty, which could impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100