MongoDB Gains Momentum As AI Use And Cloud Platform Growth Accelerate: Analyst
Wedbush analyst Daniel Ives maintained MongoDB MDB with an Outperform and raised the price forecast from 400.Ives cited the company's successful push into enterprise markets and renewed momentum in its cloud business. The analyst added MongoDB to Wedbush's Best Ideas List, and projected that the company is entering its "next stride" as AI use cases expand significantly in the coming years.Also Read: MongoDB Expands AI Capabilities With Voyage AI Deal, Targets Faster Insights From Unstructured DataH ...