Sentiment: Positive
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Why Three Analysts Just Raised Their MongoDB (MDB) Stock Price Targets
By Trader Edge at 2026-08-21 11:04
Sentiment: Positive
TLDR MongoDB stock rose 2% after Evercore ISI initiated coverage with an Outperform rating and a $525 price target. Evercore’s Kirk Materne cited Atlas, MongoDB’s cloud platform, as the primary growth driver, now making up ~75% of revenue. BMO Capital raised its price target from $375 to $500; Truist raised theirs from $400 to $475. [...] The post Why Three Analysts Just Raised Their MongoDB (MDB) Stock Price Targets appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central