Oppenheimer Lowers MongoDB Price Target to $425, Maintains 'Outperform' Rating

Oppenheimer lowered its MongoDB price target to $425 from $490. The firm maintains an 'Outperform' rating despite the 13% reduction. This target implies an 18% upside from current levels.

Wall Street sentiment remains mixed but generally positive. MongoDB holds a 'Moderate Buy' consensus rating. Other analysts recently issued varied opinions, including price target increases.