Analysts have been eager to weigh in on the Technology sector with new ratings on Monday.com (MNDY – Research Report) and Fastly (FSLY – Research Report).
Monday.com (MNDY)
In a report released today, Michael Berg from Wells Fargo maintained a Buy rating on Monday.com, with a price target of $260.00. The company’s shares closed last Friday at $181.76.
According to TipRanks.com, Berg is a 1-star analyst with an average return of
Monday.com has an analyst consensus of Strong Buy, with a price target consensus of $257.22, which is a 41.2% upside from current levels. In a report issued on April 30, Needham also maintained a Buy rating on the stock with a $230.00 price target.
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Fastly (FSLY)
In a report released yesterday, Rishi Jaluria from RBC Capital maintained a Hold rating on Fastly, with a price target of $9.00. The company’s shares closed last Friday at $8.63, close to its 52-week low of $7.83.
According to TipRanks.com, Jaluria is a 4-star analyst with an average return of
Currently, the analyst consensus on Fastly is a Hold with an average price target of $11.61, implying a 36.4% upside from current levels. In a report issued on May 2, D.A. Davidson also downgraded the stock to Hold with a $8.50 price target.
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Read More on MNDY:
- MNDY Upcoming Earnings Report: What to Expect?
- Monday.com price target lowered to $220 from $250 at Canaccord
- ‘There’s More Room for Upside’: Wells Fargo Says Buy These 2 Stocks for Double-Digit Returns
- Yum! downgraded, Cava upgraded: Wall Street’s top analyst calls
- Monday.com downgraded to Neutral from Buy at Citi
