Needham Reiterates Buy on MongoDB, Maintains $290 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on MongoDB (NASDAQ:MDB) and maintained a price target of $290.
June 13, 2024 | 9:28 am
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Needham analyst Mike Cikos has reiterated a Buy rating on MongoDB and maintained a price target of $290, indicating continued confidence in the company's growth prospects.
The reiteration of a Buy rating and the maintenance of a $290 price target by a reputable analyst suggests positive sentiment and confidence in MongoDB's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100