Citi analyst Steven Enders lowered the firm’s price target on Monday.com (MNDY) to $302 from $338 and keeps a Neutral rating on the shares. The firm says the Q4 results were mixed across the application software group against a stable macro backdrop with resilient automation demand. It updated models post the Q3 reports.
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Read More on MNDY:
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- Monday.com price target raised to $350 from $315 at Wolfe Research
- Monday.com downgraded to Sector Weight from Overweight at KeyBanc
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- Monday.com call volume above normal and directionally bullish
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
