-8.83% to Target, Canaccord Genuity Reiterates “Buy” Rating for MongoDB (MDB) Stock; NORANDA ALUMINUM HOLDINGS (NORNQ) Shorts Lowered By 0.05%

June 16, 2018 - By Ellis Scott

Noranda Aluminum Holding Corporation (OTCMKTS:NORNQ) Logo

In analysts note issued to clients and investors on 7 June, MongoDB (MDB) stock had its “Buy” Rating reaffirmed by expert analysts at Canaccord Genuity. They currently have a $54 target price per share on company. Canaccord Genuity’s target indicates a potential downside of -8.83% from the company’s previous close.

NORANDA ALUMINUM HOLDINGS CORP (OTCMKTS:NORNQ) had a decrease of 0.05% in short interest. NORNQ’s SI was 409,500 shares in June as released by FINRA. Its down 0.05% from 409,700 shares previously. With 31,900 avg volume, 13 days are for NORANDA ALUMINUM HOLDINGS CORP (OTCMKTS:NORNQ)’s short sellers to cover NORNQ’s short positions. The stock decreased 14.66% or $0.0073 during the last trading session, reaching $0.0425. About 343 shares traded. Noranda Aluminum Holding Corporation (OTCMKTS:NORNQ) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

More news for MongoDB, Inc. (NASDAQ:MDB) were recently published by: Seekingalpha.com, which released: “MongoDB: Look At The Big Picture” on June 12, 2018. Seekingalpha.com‘s article titled: “MongoDB: Unexciting Results Will Pressure Gains” and published on June 07, 2018 is yet another important article.

The stock increased 1.06% or $0.62 during the last trading session, reaching $59.23. About 770,882 shares traded. MongoDB, Inc. (MDB) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Among 10 analysts covering MongoDB (MDB), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. MongoDB has $62 highest and $30 lowest target. $47.30’s average target is -20.14% below currents $59.23 stock price. MongoDB had 23 analyst reports since October 23, 2017 according to SRatingsIntel. On Sunday, May 13 the stock rating was initiated by KeyBanc Capital Markets with “Buy”. The firm has “Buy” rating by Monness given on Wednesday, April 11. The stock has “Buy” rating by Canaccord Genuity on Thursday, June 7. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, January 30. Stifel Nicolaus maintained MongoDB, Inc. (NASDAQ:MDB) rating on Thursday, June 7. Stifel Nicolaus has “Buy” rating and $53 target. The company was maintained on Thursday, June 7 by Barclays Capital. The stock of MongoDB, Inc. (NASDAQ:MDB) earned “Buy” rating by Needham on Wednesday, February 14. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, June 5 report. Needham maintained MongoDB, Inc. (NASDAQ:MDB) on Wednesday, March 14 with “Buy” rating. The firm earned “Overweight” rating on Thursday, June 7 by KeyBanc Capital Markets.

MongoDB, Inc. operates as a general purpose database platform worldwide. The company has market cap of $3.00 billion. It offers MongoDB Enterprise Advanced, a subscription package for enterprise clients to run in the cloud or in a hybrid environment; MongoDB Atlas, a cloud hosted database-as-a-service solution; Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB; and MongoDB Stitch, a backend-as-a-service designed to simplify application development. It currently has negative earnings. The firm also provides professional services, such as consulting and training.

Noranda Aluminum Holding Corporation produces and sells primary aluminum, alumina, bauxite, and rolled aluminum coils in the United States. The company has market cap of $426,130. The company's Bauxite segment mines, produces, and sells bauxite used for alumina production. It currently has negative earnings. The Company’s Alumina segment refines and converts bauxite into alumina, which is used in the production of primary aluminum; and sells smelter grade alumina and alumina hydrate, or chemical-grade alumina.

MongoDB, Inc. (NASDAQ:MDB) Ratings Chart

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