Mongodb Inc (MDB) Receives New Coverage from Analysts at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) began coverage on shares of Mongodb Inc (NYSE:MDB) in a research report sent to investors on Monday. The firm issued a neutral rating and a $30.00 price target on the stock.
Several other research firms have also recently issued reports on MDB. Barclays PLC initiated coverage on Mongodb in a research report on Monday. They set an overweight rating and a $38.00 target price on the stock. Needham & Company LLC assumed coverage on Mongodb in a report on Monday, October 23rd. They issued a hold rating on the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $33.60.
Mongodb (NYSE MDB) traded down $0.80 during midday trading on Monday, reaching $29.88. The company’s 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 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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