Needham Maintains Buy on Monday.Com, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg maintains a Buy rating on Monday.Com (NASDAQ:MNDY) and raises the price target from $230 to $250.
May 15, 2024 | 4:44 pm
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Needham analyst Scott Berg maintains a Buy rating on Monday.Com and raises the price target from $230 to $250, indicating confidence in the company's future performance.
The raised price target from $230 to $250 by a reputable analyst suggests a positive outlook for Monday.Com's future performance. This is likely to boost investor confidence and drive the stock price up in the short term.
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