Morgan Stanley Maintains Overweight on Atlassian, Raises Price Target to $224
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Atlassian (NASDAQ:TEAM) and raises the price target from $216 to $224.
October 11, 2024 | 12:32 pm
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Morgan Stanley has reaffirmed its Overweight rating on Atlassian and increased the price target from $216 to $224, indicating a positive outlook.
The increase in price target from $216 to $224 by Morgan Stanley suggests a positive outlook for Atlassian, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100