Barclays Maintains Equal-Weight on Atlassian, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on Atlassian (NASDAQ:TEAM) and raises the price target from $165 to $195.
August 04, 2023 | 3:04 pm
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Barclays maintains an Equal-Weight rating on Atlassian and raises the price target from $165 to $195, which could potentially lead to an increase in the stock price.
The raised price target by Barclays indicates a positive outlook for Atlassian. This could potentially lead to an increase in the stock price as it suggests that the stock is undervalued at its current price. The Equal-Weight rating suggests that the stock is expected to perform in line with the sector average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100