Wells Fargo Maintains Overweight on Atlassian, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Atlassian (NASDAQ: TEAM) and raises the price target from $180 to $200.
May 31, 2023 | 12:00 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Atlassian and raises the price target from $180 to $200.
The news of Wells Fargo maintaining an Overweight rating on Atlassian and raising the price target from $180 to $200 is positive for the company. This indicates that the analyst believes the stock will outperform the market, which could lead to an increase in demand for the stock and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100