MongoDB (MDB) Tops Q2 EPS by 4c; Issues Better Rev Guidance
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Go back to MongoDB (MDB) Tops Q2 EPS by 4c; Issues Better Rev Guidance
September 6, 2018 9:17 AM EDT
KeyBanc analyst Brent Bracelin raised the price target on MongoDB (NASDAQ: MDB) to $88.00 (from $62.00) while maintaining a Overweight rating following the company's 2Q earnings report. Broad-based demand drove revenue 61% higher y/y vs. 49% last quarter to $57.5M, exceeding consensus by $5.8M.
MongoDB's compelling... More
September 6, 2018 9:03 AM EDT
Stifel analyst Brad Reback raised the price target on MongoDB (NASDAQ: MDB) to $80.00 (from $53.00) while maintaining a Buy rating following the company's 2Q earnings report. Results beat across the board with total revenue of $57.5M beating $51.8M estimates by over $4M. EPS of ($0.41) also beat in-line... More
September 6, 2018 7:37 AM EDT
Monness, Crespi, Hardt analyst Brian White raised the price target on MongoDB (NASDAQ: MDB) to $90.00 (from $60.00) while maintaining a Buy rating.
White commented, "MongoDB reported excellent 2Q:FY19 results and raised its FY:19 revenue outlook. We are boosting our estimates to... More
September 6, 2018 7:10 AM EDT
Nomura/Instinet analyst Christopher Eberle raised the price target on MongoDB (NASDAQ: MDB) to $43.00 (from $40.00) while maintaining a Neutral rating.
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September 6, 2018 5:53 AM EDT
Canaccord Genuity analyst Richard Davis raised the price target on MongoDB (NASDAQ: MDB) to $78.00 (from $54.00) while maintaining a Buy rating.
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September 6, 2018 5:01 AM EDT
Barclays analyst Raimo Lenschow raised the price target on MongoDB (NASDAQ: MDB) to $79.00 (from $72.00) while maintaining a Overweight rating.
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