Form 144 monday.com Ltd. Filed by: Nawi Shiran

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Go back to Form 144 monday.com Ltd. Filed by: Nawi Shiran

JPMorgan Defending monday.com Ltd. (MNDY)

November 11, 2024 4:06 PM EST

JPMorgan analyst Pinjalim Bora reiterated an Overweight rating and $350.00 price target on monday.com Ltd. (NASDAQ: MNDY).

The analyst comments "Monday reported a fine quarter in a choppy macro backdrop, with all key guided metrics landing ahead of consensus expectations as Monday marked a Rule of 65% quarter, in addition to the full year guide being reset higher. However, the beat-and-raise magnitude softened relative to historical norms and likely landed towards the low end of buy-side bars, making it challenging for... More