Raymond James Initiates MongoDB (MDB) at Market Perform, Flags AI Crossroads

MongoDB, Inc. (NASDAQ:MDB) is one of the Buzzing AI Stocks on Wall Street. On December 15, Raymond James initiated coverage on the stock with a Market Perform rating, citing AI crossroads and intensifying database competition. The firm believes MongoDB is a strategically important player, but it remains neutral due to a balanced growth-risk profile. It noted how the company is at “pivotal strategic crossroads” shaped by the rise of artificial intelligence and agentic applications. These require flexible ...