Workflow
AI-driven use cases
icon
Search documents
MongoDB Shares Gain 2% As Wedbush Lifts Price Target To $400
Financial Modeling Prepยท 2025-09-15 19:39
Group 1 - Wedbush raised its price target on MongoDB to $400 from $300 while maintaining an Outperform rating, resulting in a more than 2% increase in shares during intraday trading [1] - The firm noted that MongoDB is expanding its focus on enterprise opportunities, particularly in the U.S., while also maintaining stability in its mid-market business [1] - Analysts believe that the company is well-positioned to take advantage of AI-driven use cases, which are expected to grow significantly in the coming years [1] Group 2 - Wedbush added MongoDB to its Best Ideas List, indicating the firm's view of the company's next growth phase [2]