Bernstein Maintains Outperform on MongoDB, Raises Price Target to $491
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Firoz Valliji has maintained an Outperform rating on MongoDB (NASDAQ:MDB) and increased the price target from $484 to $491.
March 11, 2024 | 10:27 am
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Bernstein analyst Firoz Valliji reaffirmed an Outperform rating on MongoDB and raised the price target from $484 to $491.
The increase in MongoDB's price target by a reputable analyst suggests a positive outlook on the company's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100