Morgan Stanley lowered the firm's price target on MongoDB ( MDB ) to $235 from $315 and keeps an Overweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>
MongoDB is a New York-based online platform that develops software products offering solutions such as automating and monitoring for sectors including retail and finance.