Shinhan Financial Group shares are trading higher after Tigress Financial reiterated MongoDB with a Buy rating and raised the price target from $490 to $495.
Portfolio Pulse from Benzinga Newsdesk
Shinhan Financial Group's shares are trading higher following Tigress Financial's reiteration of MongoDB with a Buy rating and an increased price target from $490 to $495.
October 06, 2023 | 4:13 pm
News sentiment analysis
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POSITIVE IMPACT
MongoDB's Buy rating has been reiterated by Tigress Financial, with the price target raised from $490 to $495.
The reiteration of MongoDB's Buy rating and the increase in its price target by Tigress Financial indicates a positive outlook for the company. This is likely to lead to an increase in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Shinhan Financial Group's stock is trading higher due to Tigress Financial's positive rating of MongoDB.
The positive rating of MongoDB by Tigress Financial has led to an increase in the stock price of Shinhan Financial Group. This is because the financial group is likely to benefit from the positive performance of MongoDB, which it has invested in.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100