MongoDB (MDB) Getting Somewhat Favorable Media Coverage, Analysis Shows
Media stories about MongoDB (NASDAQ:MDB) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MongoDB earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9522107436579 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities research analysts have commented on the stock. Canaccord Genuity Group Inc. assumed coverage on shares of MongoDB in a report on Wednesday, November 15th. They issued a “buy” rating and a $35.00 price target for the company. Morgan Stanley assumed coverage on shares of MongoDB in a report on Monday, November 13th. They issued an “equal weight” rating and a $31.00 price target for the company. Stifel Nicolaus assumed coverage on shares of MongoDB in a report on Monday, November 13th. They issued a “buy” rating and a $34.00 price target for the company. Canaccord Genuity assumed coverage on shares of MongoDB in a report on Monday, November 13th. They issued a “buy” rating and a $35.00 price target for the company. Finally, JMP Securities assumed coverage on shares of MongoDB in a report on Monday, November 13th. They issued a “market perform” rating for the company. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $33.83.
MongoDB (NASDAQ:MDB) opened at $29.92 on Monday. MongoDB has a 12 month low of $29.01 and a 12 month 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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