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Canaccord Genuity announced MongoDB (UNKNOWN:MDB), upping its target price to $35.00 today

Stating a potential upside of 0.13%, Canaccord Genuity upped the price target of MongoDB (UNKNOWN:MDB) to $35.00

Only yesterday MongoDB (UNKNOWN:MDB) traded -4.33% lower at $31.09. The company’s 50-day moving average is $30.68 and its 200-day average is $30.68. With the last close up 0.00% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the date range. Volume of trade was up over the average, with 2,358,653 shares of MDB changing hands over the typical 2,346,300

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MongoDB (UNKNOWN:MDB)

MongoDB has with a one year low of $29.10 and a one year high of $34.00 and has a total market value of $0.

More About MongoDB (UNKNOWN:MDB)

MongoDB, Inc. is a United States-based modern, general purpose database platform. Its platform is designed to run applications at scale across a broad range of use cases in the cloud, on-premise or in a hybrid environment. Its primary subscription package is MongoDB Enterprise Advanced, which includes its proprietary database server, security, enterprise management capabilities, its graphical user interface, analytics integrations and technical support. It also offers MongoDB Atlas, its cloud hosted database-as-a-service (DBaaS) offering that includes infrastructure and management of its community server offering. The Company's The MongoDB enterprise database server, called Enterprise Server, is its proprietary database. The Company's other products include Community Server, a free-to-download version of its database and MongoDB Stitch, a backend-as-a-service. The Company also provides professional services to its customers, including consulting and training.

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