Barclays Maintains Overweight on MongoDB, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on MongoDB (NASDAQ:MDB) and raises the price target from $421 to $450.
September 01, 2023 | 1:44 pm
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Barclays analyst Raimo Lenschow maintains an Overweight rating on MongoDB and raises the price target from $421 to $450.
The raised price target by Barclays indicates a positive outlook for MongoDB. 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