Jefferies Cuts Monday.com (MNDY) PT to $260 Amid Focus on 2026 AI Monetization
Monday.com Ltd. (NASDAQ:MNDY) is one of the best up and coming stocks to buy according to Wall Street. On January 5, Jefferies lowered the firm’s price target on Monday.com to 300 with a Buy rating on the shares. In a sector outlook note, the firm suggested that 2026 will likely be characterized by the continued monetization of AI. To calm investor fears regarding AI’s potential to disrupt traditional software, Jefferies believes that the industry needs to show more growth and acceleration, whic ...