Needham Gives MongoDB (MDB) Higher Rating; First Merchants (FRME) Sentiment Is 1.35

February 14, 2018 - By Adrian Erickson

First Merchants Corporation operates as the financial holding firm for First Merchants Bank that provides community banking services. The company has market cap of $2.06 billion. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. It has a 19.79 P/E ratio. The firm also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services.

Among 8 analysts covering MongoDB (MDB), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. MongoDB has $40.0 highest and $30 lowest target. $34.83’s average target is 15.22% above currents $30.23 stock price. MongoDB had 9 analyst reports since October 23, 2017 according to SRatingsIntel. Morgan Stanley maintained MongoDB, Inc. (NASDAQ:MDB) on Tuesday, January 30 with “Equal-Weight” rating.

Since January 1, 0001, it had 3 buys, and 0 insider sales for $137,710 activity.

Pl Capital Advisors Llc holds 8.94% of its portfolio in First Merchants Corporation for 811,333 shares. Castine Capital Management Llc owns 233,321 shares or 3.7% of their US portfolio. Moreover, Dean Capital Management has 2.09% invested in the company for 104,154 shares. The Indiana-based First Merchants Corp has invested 1.48% in the stock. Fcg Advisors Llc, a New Jersey-based fund reported 84,328 shares.

The stock increased 1.43% or $0.59 during the last trading session, reaching $41.96. About 36,013 shares traded. First Merchants Corporation (FRME) has risen 59.72% since February 14, 2017 and is uptrending. It has outperformed by 43.02% the S&P500.

Analysts await MongoDB, Inc. (NASDAQ:MDB) to report earnings on March, 13. After $-1.39 actual EPS reported by MongoDB, Inc. for the previous quarter, Wall Street now forecasts -69.06% EPS growth.

The stock increased 7.39% or $2.08 during the last trading session, reaching $30.23. About 217,274 shares traded. MongoDB, Inc. (MDB) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

MongoDB, Inc. operates as a general purpose database platform worldwide. The company has market cap of $1.53 billion. It offers MongoDB Enterprise Advanced, a subscription package for enterprise clients to run in the cloud or in a hybrid environment; MongoDB Atlas, a cloud hosted database-as-a-service solution; Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB; and MongoDB Stitch, a backend-as-a-service designed to simplify application development. It currently has negative earnings. The firm also provides professional services, such as consulting and training.

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