Wells Fargo analyst Michael Berg raised the firm’s price target on Monday.com (MNDY) to $335 from $310 and keeps an Overweight rating on the shares. The firm notes that Q1 was in line with bogeys and while it expects some questions on lowering the high end of CC guide, Wells expects the revised outlook to be sufficient. The firm continues to remain enthused on product cycle plus enterprise opportunity ahead for outsized growth.
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