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MongoDB (MDB): User Conference and Investor Session Yield at Least Two Price Target Hikes

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

July 14, 2021 8:40 AM EDT

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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MongoDB (MDB) PT Raised to $320 at Mizuho Securities Following MongoDB.live

July 14, 2021 6:32 AM EDT

Mizuho Securities analyst Matthew Broome raised the price target on MongoDB (NASDAQ: MDB) to $320.00 (from $300.00) while maintaining a Neutral rating following MongoDB.live.

The analyst commented, "Yesterday, we attended MDB's virtual user conference MongoDB.live and accompanying Investor Session. The co. announced... More