Baird lowered the firm’s price target on Monday.com (MNDY) to $240 from $310 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results where mixed Google (GOOG) commentary presents some headwinds.
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 $215 from $310 at UBS
- 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