Stifel Reiterates Buy on MongoDB, Maintains $450 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has reiterated a Buy rating on MongoDB (NASDAQ:MDB) and maintained a price target of $450.
December 04, 2023 | 5:17 pm
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Stifel analyst Brad Reback reaffirmed a Buy rating on MongoDB and kept the price target at $450.
The reiteration of a Buy rating by a Stifel analyst is a positive endorsement for MongoDB, which could instill confidence in investors and potentially drive the stock price up in the short term. The maintained price target of $450 suggests a bullish outlook on the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100