Citizens JMP Maintains 'Market Outperform' Rating for MongoDB, Inc. (MDB)

Reported 1 day ago

On August 20, 2025, Citizens JMP reaffirmed its 'Market Outperform' rating for MongoDB, Inc. (NASDAQ:MDB) with a target price of $345. Despite mixed sales signals, including strong quarterly performance from sales staff and the departure of an employee to another company, the firm exhibited confidence in MongoDB’s growth potential and execution as it expands its cloud-based database services.

Source: YAHOO

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