Mizuho Maintains Neutral on MongoDB, Lowers Price Target to $190

Mizuho analyst Matthew Broome maintains MongoDB (NASDAQ:MDB) with a Neutral and lowers the price target from $300 to $190.

Mizuho analyst Matthew Broome maintains MongoDB (NASDAQ:MDB) with a Neutral and lowers the price target from $300 to $190.

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The United States Postal Service (USPS) is looking to improve its fleet of vehicles. A contract in 2022 was met with backlash as it focused less on electric vehicles than expected, something it is looking to improve going forward. USPS recently awarded a number of postal truck contracts, some of which addressed this issue.

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