Analysts Are Bullish on These Technology Stocks: MDB, YY


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on MongoDB Inc (NASDAQ: MDB) and YY Inc (NASDAQ: YY) with bullish sentiments.

MongoDB Inc (NASDAQ: MDB)

Monness analyst Brian White maintained a Buy rating on MongoDB Inc (NASDAQ: MDB) today and set a price target of $60. The company’s shares opened today at $50.74, close to its 52-week high of $52.02.

According to TipRanks.com, White is a top 100 analyst with an average return of 17.5% and a 69.4% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.

Currently, the analyst consensus on MongoDB Inc is Strong Buy and the average price target is $54.83, representing an 8.1% upside.

In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $62 price target.

See today’s analyst top recommended stocks >>

YY Inc (NASDAQ: YY)

Nomura analyst Jialong Shi maintained a Buy rating on YY Inc (NASDAQ: YY) today and set a price target of $152. The company’s shares opened today at $107.10.

According to TipRanks.com, Shi is ranked #546 out of 4826 analysts.

YY Inc has an analyst consensus of Moderate Buy, with a price target consensus of $143.50.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts