Atlassian Announces First Quarter Fiscal Year 2018 Results

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Atlassian Corporation (TEAM) PT Raised to $49 at Morgan Stanley Following 1Q Release

October 20, 2017 8:57 AM EDT

Morgan Stanley raised its price target on Atlassian Corporation (NASDAQ: TEAM) to $49.00 (from $45.00) while maintaining a Overweight rating following the company's 1Q earnings release. Revenue growth accelerated to 42% from 37% in Q4 to $193.8M topping consensus estimates of $185.8M. The 4.2% beat relative... More