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Analysts Offer Insights on Technology Companies: and Atlassian (TEAM)

There’s a lot to be optimistic about in the Technology sector as 1 analysts just weighed in on and Atlassian (TEAMResearch Report) with bullish sentiments.

Atlassian (TEAM)

In a report issued on March 17, Arjun Bhatia from William Blair maintained a Buy rating on Atlassian. The company’s shares closed last Monday at $177.70, close to its 52-week low of $159.54.

According to TipRanks.com, Bhatia is ranked 0 out of 5 stars with an average return of -20.5% and a 15.7% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Qualtrics International, and DoubleVerify Holdings.

Currently, the analyst consensus on Atlassian is a Moderate Buy with an average price target of $342.20, a 96.6% upside from current levels. In a report issued on April 29, Morgan Stanley also maintained a Buy rating on the stock with a $460.00 price target.

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