Baird lowered the firm’s price target on Monday.com (MNDY) to $210 from $240 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results which appeared to have a lot of noise regarding the outlook but the share reaction appears overdone.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNDY:
- Monday.com price target lowered to $230 from $285 at JPMorgan
- Monday.com price target lowered to $250 from $275 at Piper Sandler
- Monday.com price target lowered to $195 from $205 at BofA
- Cautious Hold Rating on Monday.com Amid Growth Concerns and Market Strategy Shifts
- Monday.com price target lowered to $319 from $332 at Citi