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JPMorgan cuts Monday.com to Neutral as growth slows, sets $87 target

Verifying
  • JPMorgan downgraded Monday.com to Neutral from Overweight on Tuesday.
  • The bank set a December 2027 price target of $87, replacing $90 for December 2026.
  • Monday.com cut 20% of its workforce in July amid continuing growth pressures.
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