Mizuho Maintains Outperform on Atlassian, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains an Outperform rating on Atlassian (NASDAQ:TEAM) but lowers the price target from $225 to $220.
July 16, 2024 | 11:37 am
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NEUTRAL IMPACT
Mizuho analyst Gregg Moskowitz maintains an Outperform rating on Atlassian but lowers the price target from $225 to $220.
The Outperform rating suggests continued confidence in Atlassian's performance, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100