Analysts at Barclays PLC started coverage on shares of MongoDB, Inc. (NASDAQ:MDB) in a research report issued on Monday. The brokerage set an “overweight” rating and a $38.00 price target on the stock. Barclays PLC’s price target would suggest a potential upside of 27.18% from the stock’s previous close.
Separately, Needham & Company LLC started coverage on MongoDB in a research note on Monday, October 23rd. They issued a “hold” rating for the company. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $33.60.
Shares of MongoDB (NASDAQ:MDB) opened at $29.88 on Monday. MongoDB has a 1 year low of $29.01 and a 1 year high of $34.00.
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MongoDB Company Profile
MongoDB, Inc offers MongoDB, a general purpose database platform. Its platform is designed to run applications at scale across a broad range of use cases in the cloud, on-premise or in a hybrid environment. Its primary subscription package is MongoDB Enterprise Advanced, which includes its proprietary database server, security, enterprise management capabilities, its graphical user interface, analytics integrations and technical support.
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