UBS lowered the firm’s price target on Monday.com (MNDY) to $215 from $310 and keeps a Neutral rating on the shares. Monday.com’s Q2 print fell short of expectations, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 $240 from $340 at BofA
- Bullock’s Buy Rating: Monday.com’s Long-Term Growth Potential Amid AI Challenges
- Citi cuts Monday.com target, says selloff ‘significantly overdone’
- Monday.com price target lowered to $258 from $345 at Barclays
- Monday.com upgraded to Overweight from Equal Weight at Morgan Stanley