Stifel Maintains Buy on MongoDB, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on MongoDB and raises the price target from $300 to $325.
August 30, 2024 | 1:39 pm
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Stifel analyst Brad Reback has reiterated a Buy rating for MongoDB and increased the price target from $300 to $325, indicating confidence in the company's future performance.
The increase in price target from $300 to $325 by Stifel 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