Atlassian Corporation (TEAM) PT Raised to $225 at Canaccord Genuity
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Go back to Atlassian Corporation (TEAM) PT Raised to $225 at Canaccord Genuity
October 14, 2024 6:24 AM EDT
Wolfe Research analyst Alex Zukin raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $240.00 (from $195.00) while maintaining a Outperform rating.
The analyst comments "We've seen a lot of new product launches and spicy Agent innovations over the past month. It is safe to say this is likely to continue over the next 6-12 months as we finally start to see how platform enterprise software vendors position themselves to take a piece of the incoming AI budgets. It is... More
October 11, 2024 7:38 AM EDT
Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $230.00 price target on Atlassian Corporation (NASDAQ: TEAM)
The analyst comments "1. Productivity unlocks and strong early proof points for AI Agents: Atlassian highlighted that its AI tools are capable of delivering new levels of productivity benefits, anchored by its data and expertise in its core products. For example, with AI layered on top of the teamwork graph, Atlassian can deliver a unique, specialized product that... More
October 11, 2024 7:36 AM EDT
Atlassian (NASDAQ: TEAM) Called 'Top Pick' at Morgan Stanley
The analyst comments "A Compelling Risk/Reward Makes TEAM Our Top Pick. TEAM currently trades at a steep discount to large cap Software peers on a growth-adjusted EV/FCF basis (see Exhibit 1 ), as broadly... More
