When copying SPO modern site there is no option to select from Drop down to change from Sites to Teams in Site Collection Options. (4279176)

When copying Modern Team Site from Source (SPO Site level) to Target (SPO) Tenant level Modern Team Site, there is no option to select from Drop down to change from Sites to Teams in Site Address in Content Matrix Modern Team Site Options tab.

Whereas this option (To select from Drop down to change from Sites to Teams in Site Address in Content Matrix Site Collection Options tab) is available when copying from Source Classic Teams Site (SPO Site level) to Target Classic Teams Site (SPO Tenant Level).

From Content Matrix version 9.2 build onwards, there is the option to select the sites/teams managed path when migrating a Modern Team Site from SPO to SPO. 

More details regarding Metalogix Content Matrix can be found here.