Separately, Needham & Company LLC started coverage on Mongodb in a report on Monday, October 23rd. They set a hold rating on the stock. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $33.60.
Mongodb (NYSE:MDB) traded down $0.80 on Monday, hitting $29.88. The stock had a trading volume of 124,240 shares, compared to its average volume of 1,160,000. Mongodb has a 52 week low of $29.01 and a 52 week high of $34.00.
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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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