Noteworthy Price Action: MINDBODY Inc Can’t Burn Your Long Portfolio. Has Another Strong Session

Noteworthy Price Action: MINDBODY Inc Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of MINDBODY Inc (NASDAQ:MB) is a huge mover today! About 313,309 shares traded hands. MINDBODY Inc (NASDAQ:MB) has risen 45.00% since April 13, 2016 and is uptrending. It has outperformed by 41.07% the S&P500.
The move comes after 5 months positive chart setup for the $859.16 million company. It was reported on Nov, 15 by Barchart.com. We have $34.99 PT which if reached, will make NASDAQ:MB worth $575.64M more.

MINDBODY Inc (NASDAQ:MB) Ratings Coverage

Out of 6 analysts covering Mindbody Inc (NASDAQ:MB), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. Mindbody Inc has been the topic of 8 analyst reports since September 28, 2015 according to StockzIntelligence Inc. Roth Capital initiated it with “Buy” rating and $22.50 target price in Friday, September 23 report. Imperial Capital maintained MINDBODY Inc (NASDAQ:MB) rating on Monday, October 31. Imperial Capital has “Outperform” rating and $25 price target. Morgan Stanley downgraded MINDBODY Inc (NASDAQ:MB) on Monday, September 28 to “Equal-Weight” rating. The stock has “Outperform” rating given by Imperial Capital on Tuesday, June 7. Imperial Capital maintained it with “Outperform” rating and $22 target price in Friday, July 29 report. As per Tuesday, September 13, the company rating was maintained by KeyBanc Capital Markets.

According to Zacks Investment Research, “MINDBODY, Inc. develops cloud-based business management software and payments platform for the wellness services industry. Its platform enables businesses to manage class and appointment schedules, staff members, client information, online bookings, inventory, payroll and retail sales for yoga, Pilates, barre, indoor cycling, personal training, martial arts and dance exercise, as well as spas, salons, music instruction studios, dance studios, childrens activity center and integrative health centers. MINDBODY, Inc. is headquartered in San Luis Obispo, California.”

More news for MINDBODY Inc (NASDAQ:MB) were recently published by: Fool.com, which released: “Why Mindbody Inc. Stock Surged Today” on October 27, 2016. Equitiesfocus.com‘s article titled: “MINDBODY Inc (NASDAQ:MB) Quarterly EPS From Continuing Operations Stands At …” and published on November 15, 2016 is yet another important article.

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