Several analysts have recently updated their ratings and price targets for Atlassian Corporation PLC (NASDAQ: TEAM):

  • 9/18/2017 – Atlassian Corporation PLC had its “sector weight” rating reaffirmed by analysts at KeyCorp.
  • 9/15/2017 – Atlassian Corporation PLC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $44.00 price target on the stock.
  • 9/14/2017 – Atlassian Corporation PLC had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $43.00 price target on the stock.
  • 9/8/2017 – Atlassian Corporation PLC had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 8/31/2017 – Atlassian Corporation PLC had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $43.00 price target on the stock.
  • 8/15/2017 – Atlassian Corporation PLC had its “neutral” rating reaffirmed by analysts at BTIG Research.
  • 8/3/2017 – Atlassian Corporation PLC was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Atlassian Corporation Plc is engaged in designing, developing, licensing and maintaining of software and the provisioning of software hosting services. The Company’s products include JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team messaging and communications; Bitbucket for team code sharing and management and JIRA Service Desk for team services and support applications. It offers tools for software developers consists of FishEye, Bamboo and SourceTree. Atlassian Corporation Plc is headquartered in Sydney, Australia. “
  • 7/28/2017 – Atlassian Corporation PLC had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $43.00 price target on the stock.
  • 7/28/2017 – Atlassian Corporation PLC was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $45.00 price target on the stock. According to Zacks, “Atlassian Corporation Plc is engaged in designing, developing, licensing and maintaining of software and the provisioning of software hosting services. The Company’s products include JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team messaging and communications; Bitbucket for team code sharing and management and JIRA Service Desk for team services and support applications. It offers tools for software developers consists of FishEye, Bamboo and SourceTree. Atlassian Corporation Plc is headquartered in Sydney, Australia. “
  • 7/26/2017 – Atlassian Corporation PLC had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $42.00 price target on the stock, up previously from $40.00.
  • 7/25/2017 – Atlassian Corporation PLC was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $45.00 price target on the stock, up previously from $35.00.

Atlassian Corporation PLC (TEAM) traded down 0.96% during trading on Wednesday, reaching $36.07. The company had a trading volume of 790,905 shares. Atlassian Corporation PLC has a one year low of $23.80 and a one year high of $39.25. The company’s market capitalization is $8.20 billion. The company has a 50-day moving average price of $35.42 and a 200 day moving average price of $34.21.

Atlassian Corporation Plc is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers, information technology (IT) managers and knowledge workers. The Company offers JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications.

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