MongoDB (MDB) PT Raised to $385 at Goldman Sachs

July 14, 2021 8:40 AM EDT
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Price: $507.17 -0.17%

Rating Summary:
    15 Buy, 9 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 21 | New: 36
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Goldman Sachs analyst Kash Rangan raised the price target on MongoDB (NASDAQ: MDB) to $385.00 (from $340.00) while maintaining a Buy rating following MongoDB live event.

Rangan said MDB is "poised to emerge as next gen cloud app data platform leader with $5-7 billion revenue potential long-term."

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