Information Provided By:
Fly News Breaks for December 10, 2019
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.
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.