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Atlassian price target raised to $187 from $174 at KeyBanc
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Atlassian price target raised to $187 from $174 at KeyBanc

KeyBanc raised the firm’s price target on Atlassian to $187 from $174 and keeps an Overweight rating on the shares. The firm notes that survey data from 33 VARs and channel partners indicated roughly stable Q1 results relative to plan versus last quarter, and relatively stable 2023 IT budget outlook growth, with less citing macro impact.

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