Needham Maintains Buy on MongoDB, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has maintained a Buy rating on MongoDB and raised the price target from $290 to $335.
August 30, 2024 | 3:44 pm
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Needham analyst Mike Cikos has maintained a Buy rating on MongoDB and increased the price target from $290 to $335, indicating a positive outlook.
The increase in the price target from $290 to $335 by Needham suggests a positive outlook for MongoDB's stock, likely leading to a short-term price increase. The maintained Buy rating reinforces investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100