tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Atlassian price target raised to $250 from $200 at Raymond James

Raymond James raised the firm’s price target on Atlassian (TEAM) to $250 from $200 and keeps an Outperform rating on the shares. Atlassian’s Q1 results were above expectations, with Cloud growth flipping from multiple quarters of disappointment to the largest upside since introducing quarterly guidance on this metric, the analyst tells investors in a research note.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% 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>>

Disclaimer & DisclosureReport an Issue

1