Box, Monday stocks rise after JPMorgan upgrades

news via MarketWatch.com - MarketPulse

Monday morning brought upgrades of Monday.com Ltd. and Box Inc. , as JPMorgan analyst Pinjalim Bora expressed rosier views of the two software companies. Bora said that he was "a little bit cautious on the deteriorating macro environment and its potential impact on the company" when he assumed coverage of Monday shares back in May, but he now feels better recommending the project-management name. "[H]aving seen the relative resiliency in the business in the face of a tough macro backdrop...

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