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Fly News Breaks for December 10, 2019
Dec 10, 2019 | 07:03 EDT
Nomura Instinet analyst Christopher Eberle raised his price target for MongoDB to $78 from $76 and keeps a Reduce rating on the shares following the company's Q3 results. MongoDB reported "less than the typical magnitude of beats" seen in recent quarters, Eberle tells investors in a research note. Total Atlas revenue growth and net adds of ~1,000 total Atlas customers continues to leave him "uninspired." The analyst would expect this number to be growing more rapidly at this stage in the estimated $80B-plus addressable market.
News For MDB From the Last 2 Days
Nov 30, 2021 | 09:23 EST
MongoDB (MDB) announced plans to use MongoDB Atlas in AWS Marketplace in calendar Q1 2022. With the launch of a pay-as-you-go MongoDB Atlas with Free Trial in AWS Marketplace, developers will have a simplified subscription experience, and enterprises will have another way to procure MongoDB in addition to privately negotiated offers already supported on AWS Marketplace. AWS Marketplace is an Amazon (AMZN) business.