Berenberg Initiates Coverage On Atlassian with Hold Rating, Announces Price Target of $150
Portfolio Pulse from richadhand@benzinga.com
Berenberg analyst Andrew DeGasperi has initiated coverage on Atlassian (NASDAQ:TEAM) with a Hold rating and a price target of $150.
June 29, 2023 | 10:47 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Atlassian has been initiated with a Hold rating by Berenberg, with a price target of $150.
The Hold rating indicates that Berenberg believes Atlassian's stock is fairly valued at current levels. The price target of $150 suggests that Berenberg sees limited upside potential in the short term. This could lead to a neutral short-term impact on Atlassian's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100