MongoDB (MDB) Tops Q2 EPS by 40c; Guides Higher
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MongoDB (MDB) PT Lowered to $225 at Needham & Company
December 7, 2022 6:43 AM ESTNeedham & Company analyst Mike Cikos lowered the price target on MongoDB (NASDAQ: MDB) to $225.00 (from $330.00) while maintaining a Buy rating following earnings.
The analyst commented, "MongoDB delivered a solid quarter, materially outperforming estimates and investor sentiment into the print. Management's tone also... More
MongoDB (MDB) shares surge after topping analyst expectations
December 6, 2022 4:21 PM ESTMongoDB (NASDAQ: MDB) shares rocketed Tuesday in extended trading after the company reported third-quarter earnings exceeding analyst consensus expectations.
The software firm's share price is currently up more than 21% after closing the regular session down 2.7%.
It reported earnings of $0.23 per share, $0.40 above... More
