Goldman Sachs Upgrades Atlassian to Buy, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Atlassian (NASDAQ:TEAM) from Neutral to Buy and raised the price target from $200 to $230.
August 02, 2024 | 12:06 pm
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Goldman Sachs analyst Kash Rangan has upgraded Atlassian from Neutral to Buy and increased the price target from $200 to $230.
An upgrade from a major financial institution like Goldman Sachs typically boosts investor confidence, likely leading to a short-term increase in Atlassian's stock price. The raised price target also suggests a positive outlook for the company's future performance.
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