Why MongoDB Stock Popped Today
Shares of MongoDB (NASDAQ: MDB) were moving higher today after the database software specialist got an analyst upgrade, and seemed to benefit from a weaker-than-expected inflation report.
As a result, the stock was up 10.2% as of 12:10 p.m. ET on Wednesday.
Morgan Stanley upgraded its rating on MongoDB from equal weight to overweight after a survey showed that 73% of respondents are actively engaged with cloud optimization initiatives, which the analyst sees as an opportunity for MongoDB to gain market share and pivot to profitability.
Source Fool.com
MongoDB Inc. Aktie
264,40 €
0,65 %
Die MongoDB Inc. Aktie genießt hohe Beliebtheit: Mehr Buy- (49) als Sell-Einschätzungen (2).
Ein prognostiziertes Kursziel von 321 € für MongoDB Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 264.4 €.
