After-hours movers: MongoDB surges on EPS beat, Smith & Wesson falls on miss
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- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
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- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
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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