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home / news releases / MDB - MongoDB upgraded to Buy following drop on conservative guidance: DA Davidson

MDB - MongoDB upgraded to Buy following drop on conservative guidance: DA Davidson

MongoDB Inc.

2024-03-08 10:16:13 ET

"This seems very, very conservative, particularly as consumption growth in FY25 is expected to be similar to FY24, newer products such as Relational Migrator will likely drive stronger new workload acquisition, and management is accelerating sales capacity additions," said D.A. Davidson analyst Rudy Kessinger in a note....

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MongoDB upgraded to Buy following drop on conservative guidance: DA Davidson
Stock Information
Company Name: MongoDB Inc.
Stock Symbol: MDB
Market: NASDAQ
Website: mongodb.com
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