Atlassian (TEAM) Tops Q3 EPS by 15c; Guides Below

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Atlassian Corporation (TEAM) PT Lowered to $285 at Cowen

April 29, 2022 7:22 AM EDT

Cowen analyst Derrick Wood lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $285.00 (from $330.00) while maintaining a Market Perform rating.

The analyst commented, "TEAM reported rev growth 6% above Street & ST billings growth 7% above, roughly in line w/ recent trends. On-prem (DC,... More