MongoDB price target boosted by analysts on AI growth potential

MongoDB price target boosted by analysts on AI growth potential

MDB
Positive
Market

Summary

Analysts at Wedbush remain bullish on MongoDB Inc (NASDAQ:MDB), raising their price target to $400 from $300 and adding ...

Analysts at Wedbush remain bullish on MongoDB Inc (NASDAQ:MDB), raising their price target to $400 from $300 and adding the document database company to its Best Ideas List. Wedbush reiterated its ‘Outperform' rating on the company, citing accelerating momentum in enterprise adoption and expanding use cases tied to artificial intelligence.