MongoDB Stock (MDB) Gains as Stifel Sees Strong Growth and Profitability Ahead

MongoDB, Inc. (NASDAQ:MDB) is one of the AI Stocks Making Big Moves on Wall Street. On September 18, Stifel analyst Brad Reback raised the price target on the stock to $375.00 (from $325.00) while maintaining a Buy rating. According to the firm, management has presented a “compelling case” during the company’s Analyst Day and User Conference related to the company’s potential to sustain robust top-line growth and profitability. “During Mongo’s analyst-day/user-conference we believe management presented a ...