The Latest Analyst Ratings for Monday.Com
Portfolio Pulse from Benzinga Insights
Over the last 3 months, 9 analysts have provided their ratings on Monday.Com (NASDAQ:MNDY), with an average 12-month price target of $192.11, a decrease from the previous target of $201.43. The ratings include 3 bullish, 4 somewhat bullish, and 2 indifferent. No bearish ratings were reported. Analysts use various methods, including financial analysis and insider communications, to predict stock performance.
December 07, 2023 | 12:00 pm
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NEUTRAL IMPACT
Monday.Com's stock has a new average analyst price target of $192.11, reflecting a 4.63% decrease from the previous target. The majority of analysts are bullish or somewhat bullish, with no bearish sentiments reported.
The updated analyst ratings for Monday.Com are mixed but lean towards the positive side, with a majority of analysts being bullish or somewhat bullish. The slight decrease in the average price target may cause some concern among investors, but the absence of bearish ratings suggests a stable outlook. The impact on the stock price is likely to be neutral in the short term as the market digests these mixed signals.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100