MongoDB price target raised to $230 from $215 at Macquarie

Macquarie raised the firm’s price target on MongoDB (MDB) to $230 from $215 and keeps a Neutral rating on the shares. MongoDB’s “solid” Q1 comes as a relief after disappointing initial FY26 revenue and margin guidance provided last quarter, the analyst tells investors in a research note. The firm sees upside and downside risks as balanced.

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