MongoDB (MDB) PT Raised to $375 at Truist Securities

Truist Securities analyst Miller Jump raised the price target on MongoDB (NASDAQ: MDB) to $375.00 (from $330.00) while maintaining a Buy rating.

The analyst commented: "We came away from MongoDB's 2025 investor day and .local NYC event with incremental optimism about the consumption that the company is seeing. CFO Mike Berry offered his financial framework and a 3-5 year model that indicates durable growth and expanding margins. The investor session also featured significant focus on the platform capabilities and AI opportunity that the company has, with a number of customer testimonials. We increase our estimates for the out year"

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