Canaccord Genuity Maintains Buy on MongoDB, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a 'Buy' rating on MongoDB (NASDAQ:MDB) and raises the price target from $410 to $450.
September 05, 2023 | 3:29 pm
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Canaccord Genuity maintains a 'Buy' rating on MongoDB and raises the price target from $410 to $450, which could positively impact the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for MongoDB. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100