Monday.com removed from US Focus List at Citi

Group 1 - Citi has removed Monday.com (MNDY) from its US Focus List and reduced the stock's price target to $293 while maintaining a Buy rating on the shares [1] - The analyst expresses concerns that Monday.com's fiscal 2026 outlook may fall below consensus expectations [1] - The firm anticipates that the stock will be range-bound in the near term but remains optimistic about the company's long-term prospects [1]