Blurbs

Tigress Financial Thinks Monday.com’s Stock is Going to Recover

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Monday.com (MNDYResearch Report) today. The company’s shares closed last Wednesday at $110.78, close to its 52-week low of $87.05.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 12.9% and a 61.0% success rate. Feinseth covers the Technology sector, focusing on stocks such as International Business Machines, Dolby Laboratories, and Alphabet Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monday.com with a $202.86 average price target, implying a 78.1% upside from current levels. In a report issued on May 17, Needham also maintained a Buy rating on the stock with a $230.00 price target.

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The company has a one-year high of $450.00 and a one-year low of $87.05. Currently, Monday.com has an average volume of 668.5K.

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Monday.Com Ltd is a project management tool that enables organizations to manage tasks, projects, and teamwork. It provides solutions such as Project Management, Marketing, Sales and CRM, Task Management, Software Development, Construction, Creative Production, Remote Work, HR, IT, among others.

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