Stifel Reiterates Buy on MongoDB, Maintains $435 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 $435. This reaffirms Stifel's positive outlook on MongoDB's stock.
March 14, 2024 | 4:25 pm
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Stifel analyst Brad Reback reiterates a Buy rating on MongoDB, maintaining a $435 price target, indicating a strong positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a high price target by a reputable analyst like Brad Reback from Stifel can have a positive impact on investor sentiment towards MongoDB. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100