A Closer Look at 27 Analyst Recommendations For MongoDB
Portfolio Pulse from Benzinga Insights
In the last three months, 27 analysts have published ratings on MongoDB (NASDAQ:MDB), with a mix of bullish and bearish perspectives. The average 12-month price target is $446.7, down 4.58% from the previous $468.16. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
May 17, 2024 | 1:00 pm
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27 analysts have provided ratings for MongoDB, with a mix of bullish and bearish views. The average 12-month price target is $446.7, a decrease of 4.58% from the previous target. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance.
The mixed analyst ratings and the slight decrease in the average price target suggest a neutral short-term impact on MongoDB's stock price. While some analysts remain bullish, others have lowered their price targets, reflecting cautious sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100