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Fly News Breaks for August 13, 2019
MDB
Aug 13, 2019 | 08:34 EDT
Compass Point analyst Marshall Senk started MongoDB with a Neutral rating and $155 price target, telling investors in a research note that the company has been very fast out of the gate in establishing a leadership position in the NoSQL database market. While Senk believes MongoDB has a "substantial" opportunity in front of it, he feels much of that value is captured in the current stock price.
News For MDB From the Last 2 Days
MDB
Mar 28, 2024 | 10:57 EDT
Tigress Financial raised the firm's price target on MongoDB to $500 from $495 and keeps a Buy rating on the shares. The firm, which notes that MongoDB continues to see strong revenue and cash flow growth through ongoing product enhancements and new feature introductions, views the recent pullback in the stock as "a major buying opportunity" and notes that its revised target represents a potential return of close to 40% from current levels.