capital · May 20, 2026
BofA Raises MongoDB Price Target to $375 Amid Strong FY27 Outlook
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BofA raised MongoDB's price target to $375 on strong demand and execution confidence on May 19, 2026. MongoDB also announced a leadership reshuffle appointing Pablo Stern as Chief Product Officer for AI and Emerging Products. The moves follow MongoDB's first GAAP operating profit in Q4 FY2026. BofA raised the price target to $375 on May 19, 2026.
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