Smart Money Is Betting Big In MDB Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a bullish sentiment on MongoDB (NASDAQ:MDB) through options trading, with 60% of trades being bullish. The targeted price range is $220 to $530. Significant options trades include both bullish and bearish positions with varying strike prices and expiration dates. MongoDB's stock is currently neutral with a price of $363.52. Analyst ratings vary, with a consensus target price of $437.2, but opinions range from Sell to Outperform.

April 09, 2024 | 6:45 pm
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MongoDB has seen a bullish sentiment from options traders, with a price target consensus among analysts at $437.2. The stock is currently priced at $363.52, with mixed analyst ratings.
The bullish sentiment from options traders, combined with the current neutral stock position and the mixed but generally positive analyst ratings, suggests a potential short-term upside for MDB. The significant options trades and the targeted price range indicate investor confidence in the stock's growth potential.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100