Citi maintains neutral outlook on Monday.com (MNDY) amid stable but uncertain software demand

MSN
2026.01.01 11:52
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Citi has maintained a neutral outlook on Monday.com (NASDAQ:MNDY) while lowering its price target from $319 to $293, despite a Buy rating. The adjustment reflects an updated analysis of the application software market, indicating stable but uncertain demand conditions. Monday.com is highlighted as a promising NASDAQ stock for 2026.

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