Check Out What Whales Are Doing With MDB
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 58% of investors opening trades with bullish expectations and 41% with bearish. The whale has been targeting a price range from $230.0 to $440.0 for MongoDB over the last 3 months. Scotiabank and Tigress Financial have downgraded their actions to Sector Perform and Buy respectively, with price targets of $335 and $495.
October 11, 2023 | 5:01 pm
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POSITIVE IMPACT
A whale investor has taken a bullish stance on MongoDB, with a majority of investors also bullish. However, Scotiabank and Tigress Financial have downgraded their actions.
The bullish stance of a whale investor and a majority of traders could drive the stock price up. However, the downgrades by Scotiabank and Tigress Financial could have a counteracting effect.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100