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Atlassian price target raised to $280 from $220 at TD Cowen
The Fly

Atlassian price target raised to $280 from $220 at TD Cowen

TD Cowen analyst Derrick Wood raised the firm’s price target on Atlassian (TEAM) to $280 from $220 and keeps a Hold rating on the shares. The firm previewed its Q2 results and noted some partner work points to a strong quarter and outlook in US enterprise spend, while other partner work in EMEA points to continued macro crosscurrents.

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