JP Morgan Maintains Overweight on Monday.Com, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora has maintained an Overweight rating on Monday.Com (NASDAQ:MNDY) and increased the price target from $230 to $270.

March 25, 2024 | 10:22 am
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POSITIVE IMPACT
JP Morgan has maintained an Overweight rating on Monday.Com and raised the price target from $230 to $270.
The increase in price target by a reputable analyst like Pinjalim Bora from JP Morgan is a strong positive signal for Monday.Com. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100