Oppenheimer raised the firm’s price target on Monday.com (MNDY) to $380 from $325 and keeps an Outperform rating on the shares. The company reported strong Q4 results ahead of expectations with encouraging commentary on newer products and artificial intelligence activity, the analyst tells investors in a research note. The firm believes Monday.com’s 2025 outlook “bodes well for more upside.” It thinks the company’s enterprise selling motion is still in its early days while AI is also an upside driver not included in guidance.
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