MDB is trading 5.5% up at $329.44 following a price target hike from Goldman Sachs and continued excitement over its new AI features.
- Goldman Sachs raised its price target to $360 from $320 while maintaining a Buy rating, helping extend the recent rally.
- The move stands out against broader market weakness, suggesting investors are specifically rewarding MongoDBβs perceived AI positioning and the endorsement from a major Wall Street firm.