🔝 top pick

MNDY, INTU, WK, BOX Citi names Monday.com top pick in back office software Citi says investor sentiment has shifted in software with a defensive positioning through earnings "now beginning to warm up and shift somewhat to offense." For back office software, a view of recent stability is expected to continue given the uncertain macro environment with human resource software viewed as more resilient and small business software "somewhat healthier" relative to enterprise budgets, the analyst tells investors in a research note. Citi updated rankings coming off of earnings, preferring names with more stability and incremental upside drivers. The firm named Monday.com (MNDY) its new top pick, followed by Intuit (INTU), Workiva (WK), and Box (BOX).