Canaccord lowered the firm’s price target on Monday.com (MNDY) to $255 from $350 and keeps a Buy rating on the shares. The firm said there was a mix of data points to emerge from Monday’s Q2 report; both positive and negative but the negatives certainly seem to be getting more attention. They told investors they would take a serious look at the shares on its pullback.
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:
- Monday.com price target lowered to $300 from $325 at Piper Sandler
- Monday.com price target lowered to $275 from $325 at DA Davidson
- Monday.com price target lowered to $240 from $310 at Baird
- Monday.com price target lowered to $215 from $310 at UBS
- Monday.com price target lowered to $240 from $340 at BofA