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MONGODB INC COM USD0.001 CL AMONGODB INC COM USD0.001 CL AMONGODB INC COM USD0.001 CL A

MONGODB INC COM USD0.001 CL A

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0KKZ trade ideas

$MDB LongOppenheimer analyst Ittai Kidron assigned a Buy rating to MongoDB (MDB – Research Report) yesterday and set a price target of $275.00. The company’s shares closed last Wednesday at $239.53, close to its 52-week high of $254.76. Piper Sandler analyst Brent Bracelin raised the firm's price target on MongoDB to $310 from $226 and keeps an Overweight rating on the shares. The company posted another strong quarter marked by an $11.5M sales beat and record customer adds, Bracelin tells investors in a research note. Improving demand fundamentals could partially offset tough second half comparisons and macro headwinds, says the analyst.
NASDAQ:MDBLong
by jake66
Stock to watchNot actionable! but, it is really interesting to watch. MDB dropped 8% today shaving all of its profits since 5/19. now it sits at a 200$ psychologically important level. The 50EMA support level ranges from $182.8 to $175. 8% drop forms a sell signal but have to keep in mind that it had an incredible performance from 5/4 to 6/2 where it was up more than 50% from $154.9 support level. MDB is a database subscription company, I personally had some user experience while i was working on a web dev related project. It provides a modern and easy to use user interface with non SQL database.
NASDAQ:MDB
by yasen362