Loop Capital Maintains Buy on MongoDB, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a Buy rating on MongoDB (NASDAQ:MDB) but lowers the price target from $415 to $315.
May 31, 2024 | 6:25 pm
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Loop Capital analyst Yun Kim maintains a Buy rating on MongoDB but lowers the price target from $415 to $315.
The Buy rating suggests continued confidence in MongoDB's long-term prospects, but the lowered price target indicates some concerns about short-term performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100