Monday.com (MNDY) Upgraded to Strong Buy: What Does It Mean for the Stock?
monday.com(MNDY) ZACKS·2024-05-31 01:01
Monday.com (MNDY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changin ...