Atlassian (TEAM) tumbles on weak forecast, prompts Goldman to downgrade stock

Go back to Atlassian (TEAM) tumbles on weak forecast, prompts Goldman to downgrade stock

Atlassian Corporation (TEAM) PT Lowered to $175 at Baird

May 5, 2023 6:58 AM EDT

Baird analyst Rob Oliver lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $175.00 (from $190.00) while maintaining a Outperform rating.... More

Atlassian Corporation (TEAM) PT Lowered to $155 at BMO Capital

May 5, 2023 6:49 AM EDT

BMO Capital analyst Keith Bachman lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $155.00 (from $190.00) while maintaining a Market Perform rating.... More

Atlassian Corporation (TEAM) PT Lowered to $180 at Wells Fargo

May 5, 2023 6:48 AM EDT

Wells Fargo analyst Michael Turrin lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $180.00 (from $200.00) while maintaining a Overweight rating.... More

Goldman Sachs Downgrades Atlassian Corporation (TEAM) to Neutral

May 5, 2023 5:03 AM EDT

(Updated - May 5, 2023 5:13 AM EDT)

Goldman Sachs analyst Kash Rangan downgraded Atlassian Corporation (NASDAQ: TEAM) from Buy to Neutral with a price target of $165.00 (from $240.00).

The analyst comments "We are downgrading Atlassian to Neutral (from Buy) with a $165 PT (vs $240 prior) as we see the pace of the company's cloud transition likely taking longer than expected. While F3Q revenue beat FactSet consensus by 100bps and operating... More

Atlassian Corporation (TEAM) PT Lowered to $215 at Mizuho Securities

May 5, 2023 4:17 AM EDT

Mizuho Securities analyst Greg Moskowitz lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $215.00 (from $235.00) while maintaining a Buy rating.... More

Atlassian Corporation (TEAM) PT Lowered to $150 at TD Cowen

May 5, 2023 4:17 AM EDT

TD Cowen analyst Derrick Wood lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $150.00 (from $175.00) while maintaining a Market Perform rating.... More