Barclays lowered the firm’s price target on Monday.com (MNDY) to $115 from $194 and keeps an Overweight rating on the shares post the Q4 report. The company “walked back” its 2027 targets and embedded continued headwinds for its 2026 guidance, the analyst tells investors in a research note. Barclays views this as “prudent in the current environment and with the ongoing low sentiment.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNDY:
- Loop Capital downgrades Monday.com on lack of catalysts
- Monday.com downgraded to Neutral from Outperform at Baird
- Monday.com downgraded to Hold from Buy at Loop Capital
- Monday.com: Upmarket Momentum and Undervalued Growth Amid Near-Term FX and Marketing Headwinds
- Monday.com Earnings Call Balances Profit With Caution