MongoDB (MDB) PT Lowered to $250 at Mizuho
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MongoDB (MDB) PT Lowered to $350 at Citi
June 3, 2024 5:04 AM EDTCiti analyst Tyler Radke lowered the price target on MongoDB (NASDAQ: MDB) to $350.00 (from $480.00) while maintaining a Buy rating.
The analyst comments "Q1 results were a contrast to more resilient consumption prints (CFLT, SNOW, ESTC etc) with macro-related + GTM adjustments driving weaker... More
