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Atlassian price target lowered to $205 from $225 at Mizuho

Mizuho analyst Gregg Moskowitz lowered the firm’s price target on Atlassian (TEAM) to $205 from $225 and keeps an Outperform rating on the shares. The firm says the company reported another good quarter. It cites recent comp multiple compression for the target cut and says Atlassian remains a top pick.

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