Monday.com price target lowered to $300 from $325 at Scotiabank

Scotiabank lowered the firm’s price target on Monday.com (MNDY) to $300 from $325 and keeps an Outperform rating on the shares. While international demand showed signs of weakness in November and the company delivered a relatively weaker Q3 in terms of upside, the firm remains optimistic about the shares in 2025, with the introduction of service, continued progress moving upmarket, and the company’s operating at the Rule of 50, the analyst tells investors.