MongoDB price target raised to $97 from $91 at Needham Needham analyst Jack Andrews raised his price target on MongoDB to $97 and kept his Buy rating after attending this week's annual developer conference in San Francisco and holding a call with its management. The analyst believes that the company's "product roadmap has a multi-year feature advantage in meeting the requirements of modern applications over most competitors". Andrews adds that the "capabilities announced at the event" extend the company's "modern database advantage" even further
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