Raymond James analyst Adam Tindle raised the firm’s price target on Atlassian (TEAM) to $330 from $250 and keeps an Outperform rating on the shares. Atlassian’s Q2 results featured a continuation of elite Cloud growth at scale, and guidance above expectations suggests durability, the analyst tells investors in a research note. The firm says the AI opportunity is gaining momentum with over 1M monthly active users of Rovo and Atlassian Intelligence features.
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