Truist analyst Miller Jump lowered the firm’s price target on MongoDB (MDB) to $375 from $500 but keeps a Buy rating on the shares. The company posted a Q4 beat across all metrics, though the stock traded down sharply due to a softer FY27 growth guide and Atlas growth moderation, the analyst tells investors in a research note. Go-to-market leadership changes add some uncertainty, but based on the management commentary, major changes to the FY27 GTM strategy are not anticipated, Truist adds.
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