MongoDB is trading at $386.50, up 4.08%, after Scotiabank raised its price target to $450 from $440 and added the stock to its Top Pick List.
- Scotiabank maintained its Sector Outperform rating after meetings with management.
- Technology shares also rebounded as reports eased concerns about OpenAI’s revenue outlook. The analyst action is a clear company-specific catalyst, but available reporting does not quantify how much it explains the gain.