RBC Capital Reiterates Outperform on MongoDB, Maintains $445 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated MongoDB (NASDAQ:MDB) with an Outperform rating and maintains a $445 price target.
September 01, 2023 | 2:12 pm
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POSITIVE IMPACT
MongoDB's stock is likely to be positively impacted by RBC Capital's reiterated Outperform rating and maintained $445 price target.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, RBC Capital's reiterated Outperform rating and maintained $445 price target for MongoDB indicates a positive outlook for the company's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100