TD Cowen analyst J. Derrick Wood raised the firm’s price target on Atlassian to $210 from $180 and keeps a Market Perform rating on the shares. The firm said its partner survey and industry checks point to continued demand headwinds and a tougher competitive environment.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TEAM: