Monday.com (MNDY) Falls on Disappointing Guidance and Smaller-Than-Expected Earnings Beat
Monday.com Ltd. (NASDAQ:MNDY) is one of the best upside stocks to buy now. On November 11, Morgan Stanley lowered the firm’s price target on Monday.com to $236 from $260, while maintaining an Overweight rating on the shares. This sentiment amid a stock price fall was because of the company’s earnings beat, which was smaller than expected on an already low bar. Management also did not increase the financial guidance for the full year 2025. However, Morgan Stanley remains highly confident in the long-term i ...