Check Out What Whales Are Doing With MDB
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $661,603 and for calls is $1,500,345. Whales have been targeting a price range from $70.0 to $590.0 for MongoDB over the last 3 months. The price of MDB is up 4.41% at $369.94. Citigroup has maintained their Buy rating on MongoDB, with a price target of $455.
August 29, 2023 | 5:15 pm
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A whale investor has taken a bullish stance on MongoDB. The price of MDB is up 4.41% at $369.94. Citigroup has maintained their Buy rating on MongoDB, with a price target of $455.
The news of a whale investor taking a bullish stance on MongoDB, along with Citigroup maintaining their Buy rating, indicates positive sentiment towards the stock. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100