Morgan Stanley Reiterates Overweight on Atlassian, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has reiterated an Overweight rating on Atlassian (NASDAQ:TEAM) and maintained a price target of $185.
August 04, 2023 | 4:35 pm
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Morgan Stanley has reiterated an Overweight rating on Atlassian, maintaining a price target of $185.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Atlassian. The maintained price target of $185 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100