Bernstein Maintains Outperform on MongoDB, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Firoz Valliji maintains an Outperform rating on MongoDB and raises the price target from $358 to $360.
August 30, 2024 | 5:06 pm
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POSITIVE IMPACT
Bernstein analyst Firoz Valliji has maintained an Outperform rating on MongoDB and slightly increased the price target from $358 to $360, indicating a positive outlook.
The maintenance of an Outperform rating and a slight increase in the price target by Bernstein suggests a positive sentiment towards MongoDB's future performance. This could lead to a short-term positive impact on the stock price as investors may view the analyst's confidence as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100