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MongoDB Shares Down 35% Since Earnings; Citi Cuts Price Target but Maintains Bullish Stance

Summary by abbonews.com
Shares of MongoDB (NASDAQ: MDB) dropped approximately 35% since the company’s Q4 earnings report on March 5, as investors responded to softer-than-expected results and a cautious outlook for fiscal 2026. Today, Citi analysts lowered their price target on the stock from $430 to $330 but reiterated a Buy/High Risk rating. The price target cut reflects
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MongoDB Shares Down 35% Since Earnings; Citi Cuts Price Target but Maintains Bullish Stance

Shares of MongoDB (NASDAQ: MDB) dropped approximately 35% since the company’s Q4 earnings report on March 5, as investors responded to softer-than-expected results and a cautious outlook for fiscal 2026. Today, Citi analysts lowered their price target on the stock from $430 to $330 but reiterated a Buy/High Risk rating. The price target cut reflects

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abbonews.com broke the news in on Tuesday, April 1, 2025.
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