Atlassian (TEAM) stock inched higher on Aug. 26 after RBC Capital Markets initiated coverage on the enterprise software company with an "Outperform" rating. In his research note, **** yst Matthew Hedberg **** igned a $215 price target on TEAM, indicating potential upside of nearly 30% over the next 12 months.
His bullish call is particularly significant as Atlassian shares have already been in a sharp uptrend, currently up roughly 200% versus their year-to-date low.
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His bullish call is particularly significant as Atlassian shares have already been in a sharp uptrend, currently up roughly 200% versus their year-to-date low.
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#higher
15 days ago