Mizuho Maintains Outperform on Atlassian, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has maintained an Outperform rating on Atlassian (NASDAQ:TEAM) and raised the price target from $200 to $240.
November 01, 2024 | 6:11 pm
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Mizuho has reaffirmed its Outperform rating on Atlassian and increased the price target to $240, indicating confidence in the company's future performance.
The increase in price target from $200 to $240 by Mizuho suggests a positive outlook on Atlassian's future performance. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100