MongoDB recognized as a Leader in the Database-As-A-Service Evaluation by Independent Research Firm

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Go back to MongoDB recognized as a Leader in the Database-As-A-Service Evaluation by Independent Research Firm

MongoDB (MDB) PT Raised to $165 at Needham & Company

June 6, 2019 7:57 AM EDT

Needham & Company analyst Jack Andrews raised the price target on MongoDB (NASDAQ: MDB) to $165.00 (from $159.00) while maintaining a Buy rating following the company's 1Q earnings report. MDB reported a strong 1QFY20, beating estimates and raising the mid-point of revenue guidance by $8 million. Revenue grew 78% year-over-year to... More