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MongoDB price target lowered to $230 from $240 at Wedbush
The Fly

MongoDB price target lowered to $230 from $240 at Wedbush

Wedbush analyst Taz Koujalgi lowered the firm’s price target on MongoDB to $230 from $240 and keeps an Outperform rating on the shares. The firm notes the company had a mixed quarter, with the revenues and operating income coming in above both Street expectations and guide, but the guide for next quarter and year coming in below Street.

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