Mizuho raised the firm’s price target on Atlassian (TEAM) to $245 from $235 and keeps an Outperform rating on the shares. The company reported “very good” fiscal Q1 results and upped its outlook, the analyst tells investors in a research note. The firm believes Atlassian’s multi-year growth prospects “are better than most realize.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TEAM:
- Cautious Optimism for Atlassian Amid Cloud Transition and CFO Departure
- Atlassian’s Mixed Performance: Balancing Growth and Uncertainty with a Hold Rating
- Atlassian’s Promising Growth Amidst Transition Uncertainties: A Hold Rating Analysis
- Atlassian Reports Strong Q1 2026 Revenue Growth
- Closing Bell Movers: Amazon soars to all-time highs on earnings
