UBS Maintains Neutral on Atlassian, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on Atlassian (NASDAQ:TEAM) but raises the price target from $180 to $205.
October 22, 2024 | 2:47 pm
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UBS analyst Karl Keirstead maintains a Neutral rating on Atlassian but raises the price target from $180 to $205, indicating a positive outlook on the stock's potential.
The increase in price target from $180 to $205 by UBS suggests a positive outlook on Atlassian's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100