Piper Sandler Maintains Overweight on MongoDB, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on MongoDB (NASDAQ:MDB) and raises the price target from $400 to $425.
September 01, 2023 | 8:13 am
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on MongoDB and raises the price target from $400 to $425, indicating a positive outlook for the stock.
The raised price target by Piper Sandler indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100