RBC Capital Reiterates Outperform on MongoDB, Maintains $350 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has reiterated its 'Outperform' rating on MongoDB, maintaining a price target of $350. Analyst Rishi Jaluria continues to see potential in MongoDB's stock.
August 30, 2024 | 2:54 pm
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RBC Capital has reiterated its 'Outperform' rating on MongoDB, maintaining a price target of $350. This suggests continued confidence in MongoDB's growth potential.
The reiteration of an 'Outperform' rating and a maintained price target of $350 by RBC Capital indicates strong confidence in MongoDB's future performance. This positive analyst sentiment is likely to boost investor confidence and could lead to a short-term increase in MDB's stock price.
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IMPORTANCE 80
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