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.

Analyst Recommendations for Mongodb (NYSE:MDB)

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