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Why MongoDB Stock Popped Today

TheMotleyFool

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Shares of MongoDB (NASDAQ: MDB) rose 6.9% on Friday, following an analyst upgrade.

UBS analyst Karl Keirstead lifted his rating on MongoDB's stock from neutral to buy and boosted his price forecast from $345 to $450. If he's correct, shareholders could enjoy gains of roughly 13% from the stock's current price near $398.

Image source: Getty Images.

Source Fool.com

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