B of A Securities Maintains Buy on MongoDB, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Bradley Sills maintains a Buy rating on MongoDB and raises the price target from $300 to $350.
August 30, 2024 | 11:24 am
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on MongoDB and increased the price target from $300 to $350, indicating confidence in the company's future performance.
The increase in price target from $300 to $350 by B of A Securities suggests a positive outlook on MongoDB's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100