TD Cowen raised the firm’s price target on Monday.com to $215 from $185 and keeps an Outperform rating on the shares. The firm said Monday.com has been one of the most consistent executors in our coverage during this macro cycle, with a continued top-line beat and raise cadence alongside a nice swing to profitability. This demonstrates a compelling GTM model, high value offerings and a large TAM to execute against.
Published first on TheFly
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