BofA and Stifel Stay Bullish on MongoDB (MDB)

MongoDB, Inc. (NASDAQ:MDB) is one of the 10 Best AI Software Stocks to Buy Right Now. On January 30, BofA Securities raised its price target on MongoDB, Inc. (NASDAQ:MDB) from $480 to $500 and kept its Buy rating. The research firm pointed to MongoDB, Inc.’s (NASDAQ:MDB) Atlas business, which reported 30% year-over-year revenue growth in the third fiscal quarter, compared with 29% in the second quarter. BofA Securities also highlighted the company’s successful dual strategy of top-down enterprise sales an ...