Analysts Offer Insights on Technology Companies: Monday.com (MNDY), Virgin Galactic Holdings (SPCE) and ARM Holdings PLC ADR (ARM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Monday.com (MNDY – Research Report), Virgin Galactic Holdings (SPCE – Research Report) and ARM Holdings PLC ADR (ARM – Research Report).

Monday.com (MNDY)

In a report released today, Jason Celino from KeyBanc maintained a Buy rating on Monday.com, with a price target of $180.00. The company’s shares closed last Wednesday at $140.99.

According to TipRanks.com, Celino is a 4-star analyst with an average return of 6.0% and a 52.0% success rate. Celino covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Instructure Holdings, and Procore Technologies.

Monday.com has an analyst consensus of Strong Buy, with a price target consensus of $198.77, a 36.1% upside from current levels. In a report issued on November 7, D.A. Davidson also upgraded the stock to Buy with a $170.00 price target.

See the top stocks recommended by analysts >>

Virgin Galactic Holdings (SPCE)

In a report released today, Philip Gibbs from KeyBanc maintained a Hold rating on Virgin Galactic Holdings. The company’s shares closed last Wednesday at $1.56, close to its 52-week low of $1.38.

According to TipRanks.com, Gibbs is a 5-star analyst with an average return of 18.1% and a 62.5% success rate. Gibbs covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, United States Steel, and Reliance Steel.

Virgin Galactic Holdings has an analyst consensus of Moderate Sell, with a price target consensus of $1.00.

ARM Holdings PLC ADR (ARM)

In a report released today, John Vinh from KeyBanc maintained a Buy rating on ARM Holdings PLC ADR. The company’s shares closed last Wednesday at $54.40.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 11.0% and a 53.1% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Silicon Laboratories.

Currently, the analyst consensus on ARM Holdings PLC ADR is a Moderate Buy with an average price target of $61.86, which is an 11.9% upside from current levels. In a report issued on October 31, Banco Santander also initiated coverage with a Buy rating on the stock with a $57.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on MNDY:

• Peloton downgraded, Home Depot initiated: Wall Street’s top analyst calls
• Monday.com upgraded to Buy from Neutral at DA Davidson
• 5 Top Mid-Cap Stocks to Buy Now, According to Analysts – October 2023
• Monday.com price target lowered to $200 from $215 at Piper Sandler
• Monday (NASDAQ:MNDY) Gets Neutral Rating at UBS, Shares Fall