UBS Maintains Neutral on Monday.Com, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Taylor McGinnis has maintained a Neutral rating on Monday.Com (NASDAQ:MNDY) and increased the price target from $185 to $200.
December 07, 2023 | 4:41 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Monday.Com and raised the price target to $200, indicating a potential upside from the previous target.
The increase in price target by UBS suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term rise in the stock price. However, the 'Neutral' rating indicates that UBS does not see significant outperformance relative to the market or sector, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100