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Roth Capital disclosed MINDBODY Inc (NASDAQ:MB), hiking its price target to $22.50 earlier today

Just yesterday MINDBODY Inc (NASDAQ:MB) traded 5.66% higher at $18.27. The company’s 50-day moving average is $17.48 and its 200-day moving average is $15.30. The last stock close price is up 20.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 365,483 shares of MB changing hands over the typical 269,733

Stating as potential upside of 0.23%, Roth Capital raised the target of MINDBODY Inc (NASDAQ:MB) to $22.50

Previously on Friday July 29, 2016, Imperial Capital reported on MINDBODY Inc (NASDAQ:MB) increased the target price from $18.00 to $22.00. At the time, this indicated a possible upside of 0.25%.

Recent Performance Chart


MINDBODY Inc has with a one year low of $9.20 and a one year high of $19.32 and has a market capitalization of $0.

A total of 5 brokerages have issued a ratings update on MINDBODY Inc. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $18.20.

General Company Details For MINDBODY Inc (NASDAQ:MB)

MINDBODY, Inc. is a provider of cloud-based business management software for the wellness services industry and operates as a consumer marketplace with over 51,000 local business subscribers on its platform in over 130 countries and territories. The Company's subscribers provide a range of wellness services to approximately 28 million active consumers. Its integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses. It also helps consumers discover, evaluate, engage and transact with these businesses through the Web and mobile devices. The platform addresses various aspects of operating a wellness business, including client scheduling and online booking; retail point-of-sale; analytics and reporting; user experience; mobility; social integration; dynamic cloud-based architecture; open platform for third-party application development; integration with other cloud-based partners, and security and compliance.

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