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
292,55 €
3,31 %
Starkes Buy-Sentiment bei MongoDB Inc. mit 129 Buy- gegenüber 2 Sell-Einschätzungen.
Ein positives Kurspotenzial für MongoDB Inc. ist gegeben, mit einem Kursziel von 339 € über dem aktuellen Kurs von 292.55 €.
