Truist Securities Maintains Hold on Atlassian, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joel Fishbein has maintained a Hold rating on Atlassian (NASDAQ:TEAM) but lowered the price target from $220 to $200.
April 26, 2024 | 3:40 pm
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Truist Securities maintains a Hold rating on Atlassian, with a reduced price target from $220 to $200.
The reduction in price target by Truist Securities suggests a more cautious outlook on Atlassian's stock value in the short term, potentially leading to negative investor sentiment and a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100