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Atlassian price target raised to $175 from $150 at Canaccord

Canaccord analyst David Hynes raised the firm’s price target on Atlassian to $175 from $150 and keeps a Buy rating on the shares. The analyst said he would be a buyer on any weakness after the company cut its guidance as he believes the cut feels more cautionary than the last time they cut guidance.

Published first on TheFly

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