MongoDB – Consensus Indicates Potential 27.9% Upside

Broker Ratings
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MongoDB with ticker code (MDB) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 700 and 439 calculating the average target price we see 567.5. Given that the stocks previous close was at 443.79 this is indicating there is a potential upside of 27.9%. There is a 50 day moving average of 513.09 and the 200 day moving average is 408.4. The company has a market cap of $29,038m. You can visit the company’s website by visiting: https://www.mongodb.com

MongoDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training. The company was formerly known as 10gen and changed its name to MongoDB in August 2013. MongoDB was incorporated in 2007 and is headquartered in New York, New York.

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