As previously reported, DA Davidson upgraded Monday.com (MNDY) to Buy from Neutral with a $350 price target The firm, which says it has “always viewed monday.com as a great company whose shares fairly reflected its premium quality,” calls the recent pullback “an opportune time to take a second look at an attractive entry point.” The firm has confidence in the durability of cash flows moving forward and is incrementally positive on enterprise adoption given recent results, the analyst tells investors.
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