Monness, Crespi, Hardt
Monness, Crespi, Hardt & Co. is a privately held New York boutique equity research and agency brokerage firm serving select institutional clients and experienced high-net-worth investors. It acts as agent on every trade and does no proprietary trading or market making.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 1212M
- Actions
- 2512M
- Ratings / Price targets
- 12 / 13
- Upgrades / Downgrades
- 5 / 0
- Buy-rated
- 82%of 11 rated
- Median upside
- +14.6%
- Targets raised / lowered
- 4 / 7
- On record
- Aug 2012 – Sep 2026
Overview
Monness, Crespi, Hardt covers a select group of companies. Its published ratings in 2025–2026 included software, internet, payments, digital-asset and consumer stocks. The firm also hosts dinners at which buy-side investors discuss investment ideas.
Monness, Crespi, Hardt & Co. was established in New York in 1964 and has also operated as Monness, Williams, Crespi & Co., Inc. Neil Crespi is president and Andrew Monness chairman, and the firm clears through RBC Clearing & Custody. In 2014 it paid a $150,000 civil penalty to settle SEC charges that it failed to maintain policies preventing misuse of material nonpublic information.
Milestones
- 1964
Founded in New York
- 2014
Settled SEC charges over nonpublic-information controls
Firm facts
- Legal name
- Monness, Crespi, Hardt & Co., Inc.
- Type
- Boutique
- Founded
- 1964
- Headquarters
- New York, United States
- President
- Neil Crespi
- Rating scale
- BuyNeutralSell
- Also filed as
- Monness Crespi Hardt · Monness
- Website
- mchny.com
Research philosophy
Key investment drivers for smaller capitalized companies include strong management, sustainable operations growth, and highly predictable future earnings and cash flow.
Monness, Crespi, Hardt uses fundamental analysis to identify undervalued companies and special situations with limited analyst coverage, regardless of market capitalization. For larger, mature companies, it looks for buying opportunities when the market misunderstands a product or overlooks an industry opportunity. The firm does not use expert networks. As of 2026, it conducts no investment banking, prohibits the firm and its employees from trading covered stocks, and does not use sales contests or quotas to promote particular securities.
Rating methodology
Stocks are rated Buy, Neutral or Sell.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 Coinbase Global, Inc.COIN | Buy | $110 |
 MongoDB, Inc.MDB | Buy | $500 |
 Snowflake Inc.SNOW | Buy | $450 |
 The Western Union CompanyWU | Sell | $6 |
 American Express CompanyAXP | Buy | $300 |
 Salesforce, Inc.CRM | Buy | $266 |
 Strategy IncMSTR | Neutral | $175 |
 Datadog, Inc.DDOG | Buy | $155 |
 Global Payments Inc.GPN | Buy | $155 |
 International Money Express, Inc.IMXI | Neutral | $30 |
Most active analysts
- Brian White10 notesCRMMDBSNOW
- Gus Gala7 notesCOINGPNAXP
- Gus Galá2 notesCOIN
Recent actions
| Date | Stock | Rating action | Rating | Target | Analyst |
|---|---|---|---|---|---|
| Sep 17 |  Remitly Global, Inc.RELY | Reiterate | Buy | ||
| Sep 3 | Snowflake Inc.SNOW | Reiterate | Buy | $320 →$450 | |
| Sep 2 | MongoDB, Inc.MDB | Target | $460 →$500 | Brian White | |
| Aug 31 | MongoDB, Inc.MDB | Reiterate | Buy | $460 | Brian White |
| Aug 27 | Salesforce, Inc.CRM | Target | $222 →$266 | Brian White | |
| Aug 13 | Salesforce, Inc.CRM | Reiterate | Buy | $225 →$222 | Brian White |
| Aug 6 | Remitly Global, Inc.RELY | Reiterate | Buy | ||
| Jul 31 | The Western Union CompanyWU | Reiterate | Sell | $7 →$6 |