BofA raised the firm’s price target on Monday.com (MNDY) to $370 from $355 and keeps a Buy rating on the shares after the company reported “strong” Q4 results, demonstrated improvement in key performance indicators, and provided “solid” FY25 guidance. Initial 2025 revenue guidance embeds conservatism in net dollar retention rate, says the analyst, who argues that the stock “deserves a premium valuation to match results.”
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