Oppenheimer Maintains Outperform on MongoDB, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron has maintained an 'Outperform' rating on MongoDB and raised the price target from $300 to $350.
August 30, 2024 | 1:06 pm
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Oppenheimer has reaffirmed its positive outlook on MongoDB by maintaining an 'Outperform' rating and increasing the price target to $350, indicating confidence in the company's future performance.
The increase in price target from $300 to $350 by Oppenheimer 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