The Latest Analyst Ratings for Atlassian
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 Wall Street analysts have provided ratings for Atlassian (NASDAQ:TEAM), with an average price target of $202.0, representing an implied upside from the current price of $190.54. The consensus among these analysts is largely indifferent, with 4 indifferent ratings and 1 bullish rating. The current average price target has decreased by 5.31% from the previous average price target of $213.33.
December 01, 2023 | 6:00 pm
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POSITIVE IMPACT
Atlassian has received mostly indifferent ratings from analysts, with an average price target of $202, indicating a potential upside from the current price of $190.54. The price target has been revised downwards by 5.31% from the previous target of $213.33.
The average price target suggests a potential upside for Atlassian's stock, which could lead to a positive short-term impact. However, the downward revision of the price target and the predominance of indifferent ratings may temper investor enthusiasm, limiting the potential upside.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100