15 AI News Updates Investors Should Not Miss

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11. MongoDB, Inc. (NASDAQ:MDB)

Number of Hedge Fund Holders: 49

MongoDB, Inc. (NASDAQ:MDB) provides a general purpose database platform worldwide. The firm securely amalgamates operational, unstructured, and AI-related data to streamline building AI-enriched applications. On November 25, Bank of America analyst Brad Sills raised the price target on the stock to $400 from $350 and kept a Buy rating on the shares. Looking ahead, the advisory says the data points to improving trends in Q3 and Bank of America is raising its target on what it calls the top data platform ahead of earnings.

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