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Monday.com upgraded to Buy from Neutral at Citi

Citi analyst Steven Enders upgraded Monday.com (MNDY) to Buy from Neutral with a price target of $298, down from $302. Following the share pullback since last earnings on growth slowdown concerns, Citi is turning more constructive on Monday.com, the analyst tells investors in a research note. The firm sees a more compelling risk/reward when looking through an initial 2025 guidance reset.

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