Monday.com Ltd (MNDY) Gets A Downgrade From Jefferies

Monday.com Ltd (NASDAQ:MNDY) is one of the 10 best beaten down software stocks with the highest upside potential. On February 23, Jefferies assigned a Hold rating to Monday.com Ltd (NASDAQ:MNDY), downgrading from the prior Buy rating. The price target was also drastically reduced from $260 to $80. Jefferies sees the AI-induced risks continuing for application software stocks, with MNDY being one of the major companies affected. The analysts described the company’s prospects as ‘hazy’ in the small business ...