UBS Maintains Neutral on MongoDB, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on MongoDB (NASDAQ:MDB) but raises the price target from $250 to $275.

August 30, 2024 | 2:46 pm
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UBS analyst Karl Keirstead maintains a Neutral rating on MongoDB but raises the price target from $250 to $275, indicating a positive outlook.
The increase in the price target from $250 to $275 suggests a positive outlook for MongoDB's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of potential growth.
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