Market Overview

Why MongoDB's Stock Is Trading Higher Today

Share:

MongoDB (NASDAQ: MDB) shares are trading higher on Thursday after Citigroup maintained its Buy rating on the stock and raised the target price from $175 to $275.

MongoDB is a U.S.-based general-purpose database platform. The company provides database platform to run applications at scale across a varied range of use cases in the cloud, on-premise and in a hybrid environment. The platform addresses the performance, scalability, flexibility and reliability demands of modern applications while maintaining the core capabilities of legacy databases.

MongoDB shares were trading up 2.27% at $216.70 at the time of publication on Thursday. The stock has a 52-week high of $225.84 and a 52-week low of $93.81.

Latest Ratings for MDB

DateFirmActionFromTo
Jun 2020Morgan StanleyMaintainsEqual-Weight
Jun 2020Piper SandlerMaintainsOverweight
Jun 2020NeedhamMaintainsBuy

View More Analyst Ratings for MDB
View the Latest Analyst Ratings

 

Related Articles (MDB)

View Comments and Join the Discussion!

Posted-In: why it's movingPrice Target Analyst Ratings

Latest Ratings

StockFirmActionPT
BKHMizuhoMaintains70.0
JOBAlliance Global PartnersUpgrades2.5
RARECanaccord GenuityMaintains91.0
TTDOppenheimerMaintains450.0
PYPLWedbushMaintains200.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com