MongoDB, Inc. (MDB) Now Covered by Barclays PLC

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.

Analyst Recommendations for MongoDB (NASDAQ:MDB)

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