Analysts, Traders Bullish Ahead of MongoDB's Report
MDBMongoDB(MDB) Schaeffers Research·2024-03-07 01:22

Citigroup raised its price target on MongoDB Inc (NASDAQ:MDB) stock to 550from550 from 515, ahead of the software company's fourth-quarter earnings report, which is due out after the market close tomorrow. Shares are up 2.2% at 413.83atlastcheck,andarebouncingoffthe100daymovingaverageafterapullbackfromtheirFeb.9,twoyearpeakof413.83 at last check, and are bouncing off the 100-day moving average after a pullback from their Feb. 9, two-year peak of 509.63. In the last 12 months, MDB added 84.8%. The brokerage bunch is bullish, with 22 of the 27 firms in question calling the security a "buy" or better. Echoing ...