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Fly News Breaks for December 10, 2019
MDB
Dec 10, 2019 | 08:54 EDT
Canaccord analyst Richard Davis lowered his price target on MongoDB despite another solid quarter as Atlas continued to show strength. The analyst cited its lofty valuation and he sees further valuation compression for the group. He said he would be buyer on dips as he believes it is a fine company. Davis reiterated his Buy rating on MongoDB shares.
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