Mizuho Maintains Buy on Atlassian, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has maintained a Buy rating on Atlassian (NASDAQ:TEAM) and increased the price target from $240 to $265.
January 16, 2024 | 8:43 pm
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Mizuho analyst Gregg Moskowitz reaffirmed a Buy rating on Atlassian and raised the price target to $265, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100