Analysts fell to the sidelines weighing in on VMware (VMW) and MongoDB Inc (MDB) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
VMware (VMW)
In a report released today, Keith Weiss from Morgan Stanley maintained a Hold rating on VMware, with a price target of $170.00. The company’s shares closed last Monday at $151.80.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of 16.9% and a 69.3% success rate. Weiss covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Citrix Systems Inc, and Salesforce.com.
VMware has an analyst consensus of Moderate Buy, with a price target consensus of $173.83.
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MongoDB Inc (MDB)
Morgan Stanley analyst Sanjit Singh maintained a Hold rating on MongoDB Inc today and set a price target of $150.00. The company’s shares closed last Monday at $124.61.
According to TipRanks.com, Singh is a 2-star analyst with an average return of -0.6% and a 47.7% success rate. Singh covers the Technology sector, focusing on stocks such as Nuance Communications, New Relic Inc, and PagerDuty Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for MongoDB Inc with a $178.00 average price target.
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