Keybanc Maintains Overweight on MongoDB, Lowers Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Michael Turits has maintained an Overweight rating on MongoDB (NASDAQ:MDB) but lowered the price target from $495 to $440.

October 23, 2023 | 9:03 am
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MongoDB's price target has been lowered by Keybanc from $495 to $440, although the Overweight rating is maintained.
The lowering of the price target by Keybanc could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees the stock as a good investment, which could counterbalance the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100