Morgan Stanley Maintains Overweight on Atlassian, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Atlassian (NASDAQ:TEAM) but lowers the price target from $245 to $225.
July 17, 2024 | 11:15 am
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NEUTRAL IMPACT
Morgan Stanley's analyst Keith Weiss maintains an Overweight rating on Atlassian but lowers the price target from $245 to $225.
The Overweight rating suggests a positive outlook, but the lowered 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