Cracking The Code: Understanding Analyst Reviews For Monday.Com
Portfolio Pulse from Benzinga Insights
Analyst reviews for Monday.Com (NASDAQ:MNDY) show a diverse range of perspectives, with recent ratings indicating a shift towards a more bullish outlook. The average 12-month price target has been raised to $209.5, reflecting a 7.02% increase from the previous target. Key analysts from firms like Piper Sandler and Keybanc have adjusted their ratings and price targets, highlighting the company's strong revenue growth, impressive net margin, and effective asset utilization. Despite challenges in ROE, Monday.Com's financial performance and market standing are positively viewed by analysts.
February 05, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Monday.Com's analyst ratings have become more bullish, with an increased average price target of $209.5. The company's strong financial performance, particularly in revenue growth and net margin, supports this positive outlook.
The increase in the average price target to $209.5, along with positive adjustments in ratings and price targets by key analysts, reflects a bullish sentiment towards Monday.Com. The company's impressive revenue growth and net margin are likely to support this positive outlook in the short term, making it an attractive asset for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100