Needham Maintains Buy on MongoDB, Raises Price Target to $495
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reaffirmed a Buy rating on MongoDB (NASDAQ:MDB) and increased the price target from $445 to $495.
December 06, 2023 | 11:23 am
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POSITIVE IMPACT
Needham analyst Mike Cikos maintains a Buy rating on MongoDB and raises the price target to $495, indicating a positive outlook on the stock.
The increase in price target by Needham suggests a bullish outlook on MongoDB's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100