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Wells Fargo Keeps Their Buy Rating on Monday.com (MNDY)
Wells Fargo analyst maintained a Buy rating on Monday.com today and set a price target of $130.00.
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In addition to Wells Fargo, Monday.com also received a Buy from Barclays’s Raimo Lenschow in a report issued on March 24. However, on March 29, TipRanks – Google reiterated a Hold rating on Monday.com (NASDAQ: MNDY).
Based on Monday.com’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $333.88 million and a net profit of $76.69 million. In comparison, last year the company earned a revenue of $267.98 million and had a net profit of $23.01 million
Read More on MNDY:
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- Monday.com Investors File Lawsuit Alleging Company Misled Markets With $1.8 Billion Revenue Target
- Monday.com announces new agentic AI infrastructure
- Alphabet, Nvidia upgraded: Wall Street’s top analyst calls
- Monday.com downgraded to Hold from Buy at Jefferies
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