DA Davidson Reiterates Neutral on Monday.Com, Maintains $190 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria has reiterated a Neutral rating on Monday.Com (NASDAQ:MNDY) and maintained a $190 price target on the stock.
February 13, 2024 | 4:04 pm
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NEUTRAL IMPACT
DA Davidson analyst Gil Luria reiterated a Neutral rating on Monday.Com and maintained a $190 price target.
The reiteration of a Neutral rating and maintenance of a $190 price target by DA Davidson suggests a stable outlook for Monday.Com's stock in the short term. Given that there's no change in the rating or price target, the immediate impact on the stock price is likely to be minimal. However, the reaffirmation of the price target indicates that the analyst sees the stock as fairly valued at current levels, which could influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100