Needham reiterates Buy rating on Monday.Com, $125 price target
Needham reiterated a Buy rating on Monday.com with a $125 price target, implying a 20.5% upside from the Oct 26 close of $103.77. The firm cited strong demand for the company's work management and CRM solutions, and believes the stock is undervalued at a 6.5x EV/revenue multiple.






