KeyBanc analyst Jason Celino raised the firm’s price target on Monday.com to $180 from $156 and keeps an Overweight rating on the shares. The firm notes Monday.com posted strong Q4 results with revenue and operating income beating expectations. More importantly, the company issued better 2023 guidance and expects revenue growth of 33%-34% and OM of negative 5%, KeyBanc adds.
Published first on TheFly
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