Monday.com price target raised to $400 from $300 at Jefferies

Jefferies analyst Brent Thill raised the firm’s price target on Monday.com (MNDY) to $400 from $300 and keeps a Buy rating on the shares after Q4 was “strong” and FY25 revenue guidance was “better than feared.” Management’s tone was “confident,” adds the analyst, who says Monday will start monetizing AI based on consumption, though no benefit is embedded in FY25 guidance.