Monday.com dives despite annual guidance hike, Q3 beat
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DA Davidson Starts monday.com Ltd. (MNDY) at Neutral
November 12, 2024 5:23 AM ESTDA Davidson analyst Lucky Schreiner initiates coverage on monday.com Ltd. (NASDAQ: MNDY) with a Neutral rating and a price target of $300.00.
The analyst comments "With this note, we are assuming coverage of monday.com with a NEUTRAL rating and $300 price target.... More
JPMorgan Defending monday.com Ltd. (MNDY)
November 11, 2024 4:06 PM ESTJPMorgan 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
