Truist Securities Maintains Hold on Atlassian, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Atlassian (NASDAQ:TEAM) while raising the price target from $160 to $200.
November 01, 2024 | 2:26 pm
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Truist Securities has maintained a Hold rating on Atlassian and increased the price target from $160 to $200, indicating a positive outlook.
The increase in price target from $160 to $200 by Truist Securities suggests a positive outlook for Atlassian, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity at the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100