DA Davidson Maintains Buy on MongoDB, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rudy Kessinger maintains a Buy rating on MongoDB and raises the price target from $265 to $330, indicating a positive outlook for the company's stock.
August 30, 2024 | 7:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DA Davidson has increased its price target for MongoDB from $265 to $330, maintaining a Buy rating. This suggests a positive outlook and potential for stock price appreciation.
The increase in price target from $265 to $330 by DA Davidson, along with the maintained Buy rating, indicates strong confidence in MongoDB's future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100