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Analysts Offer Insights on Technology Companies: Monday.com (MNDY) and Rumble (RUM)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Monday.com (MNDYResearch Report) and Rumble (RUMResearch Report) with bullish sentiments.

Monday.com (MNDY)

In a report released today, Robert Simmons, CFA from D.A. Davidson reiterated a Buy rating on Monday.com, with a price target of $190.00. The company’s shares closed last Monday at $154.83.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -6.7% and a 34.5% success rate. CFA covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Smartsheet, and Skillsoft.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monday.com with a $201.08 average price target, a 28.7% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

Rumble (RUM)

In a report released today, Tom Forte from D.A. Davidson reiterated a Buy rating on Rumble. The company’s shares closed last Monday at $4.50, close to its 52-week low of $4.44.

According to TipRanks.com, Forte is a 5-star analyst with an average return of 13.0% and a 52.4% success rate. Forte covers the Technology sector, focusing on stocks such as CuriosityStream, Pinterest, and System1.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rumble.

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