Mongodb Inc (MDB) Coverage Initiated by Analysts at Barclays PLC

Barclays PLC began coverage on shares of Mongodb Inc (NYSE:MDB) in a report issued on Monday morning. The brokerage issued an overweight rating and a $38.00 price target on the stock.

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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About Mongodb

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 (NYSE:MDB)

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