Baird Maintains Neutral on Atlassian, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains a Neutral rating on Atlassian (NASDAQ:TEAM) but raises the price target from $175 to $200.

November 01, 2024 | 12:56 pm
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Baird analyst Rob Oliver has maintained a Neutral rating on Atlassian but increased the price target from $175 to $200, indicating a positive outlook on the stock's potential.
The increase in price target from $175 to $200 suggests a positive outlook on Atlassian's future performance, which could lead to a short-term increase in 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