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On May 16, 2025, Barclays analyst Raimo Lenschow maintained an “Overweight” rating on MongoDB (MDB, Financial) while lowering the price target. The new price target is set at USD 252.00, a decrease from the previous price target of USD 280.00. This adjustment represents a 10% reduction in the price target for MDB shares.
This decision reflects a cautious outlook from Barclays, despite maintaining the same rating for MongoDB. Investors in MongoDB (MDB, Financial) should note this updated price target as it factors into their investment strategies.
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