Cantor Fitzgerald cuts Monday.com to Neutral after soft Q3 revenue guide

Cantor Fitzgerald downgraded Monday.com to Neutral from Overweight after the company forecast third-quarter revenue of $368 million to $370 million, below Wall Street's $372.8 million expectation. The weaker-than-expected outlook fueled concerns about near-term growth and contributed to a drop in the stock, underscoring how forward guidance can pressure software valuations when investors are focused on growth durability.

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