What Analysts Are Saying About MongoDB Stock
Portfolio Pulse from Benzinga Insights
Analysts have shown a positive sentiment towards MongoDB (NASDAQ:MDB) over the past three months, with 16 out of 19 analysts rating it as bullish or somewhat bullish. The average 12-month price target has increased by 5.95% to $334.74. Several analysts have raised their price targets, indicating confidence in MongoDB's market position and financial performance.
September 03, 2024 | 8:00 pm
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POSITIVE IMPACT
MongoDB has received predominantly bullish ratings from analysts, with an increase in the average 12-month price target to $334.74. This reflects positive sentiment and confidence in the company's market position and financial performance.
The majority of analysts have rated MongoDB as bullish or somewhat bullish, with several raising their price targets. This indicates a positive outlook on the company's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100