BMO Capital raised the firm’s price target on Atlassian (TEAM) to $360 from $292 and keeps an Outperform rating on the shares. The firm’s recent upgrade reflected the view that the company could sustain 20% growth, after the difficult March quarter compare, and the December quarterly results increase its confidence in its assumptions, the analyst tells investors in a research note.
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Read More on TEAM:
- Atlassian price target raised to $350 from $300 at Truist
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