JPMorgan Downgrades Monday.com Stock Rating to Neutral
Monday.com (NASDAQ:MNDY) had its stock rating downgraded to 'neutral' from 'overweight' by JPMorgan Chase & Co., according to a report issued on Tuesday by MarketBeat Ratings.
The price objective for the company is $87.00, indicating a potential upside of 10.06% from Monday's close.
Monday.com beat earnings estimates in its latest quarter with $1.48 EPS, surpassing expectations of $1.11.