JMP Securities analyst Patrick Walravens maintained a Hold rating on MongoDB Inc (MDB) on March 11. The company’s shares opened today at $105.07, close to its 52-week high of $109.97.
According to TipRanks.com, Walravens is a top 100 analyst with an average return of 20.9% and a 73.7% success rate. Walravens covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Coupa Software Inc, and Salesforce.com.
Currently, the analyst consensus on MongoDB Inc is a Moderate Buy with an average price target of $91.57, implying a -12.8% downside from current levels. In a report issued on March 11, Morgan Stanley also maintained a Hold rating on the stock with a $85 price target.
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The company has a one-year high of $109.97 and a one-year low of $32.35. Currently, MongoDB Inc has an average volume of 1.19M.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock.
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MongoDB, Inc. engages in the development and provision of a general purpose database platform. Its products include MongoDB Enterprise Advanced, MongoDB Professional, Development Support, Ops and Cloud Manager. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan and Geir Magnusson Jr. in 2007 and is headquartered in New York, NY.
