Atlassian (TEAM) Stock: $382 Price Target From BMO Capital

By Amit Chowdhry ● Feb 6, 2022
  • The shares of Atlassian Corporation PLC (NASDAQ: TEAM) have received a $382 price target from BMO Capital. These are the details.

The shares of Atlassian Corporation PLC (NASDAQ: TEAM) have received a $382 price target from BMO Capital. And BMO Capital analyst Keith Bachman is maintaining a “Market Perform” rating on the shares. 

Bachman noted that the company’s second-quarter results saw an impressive upside to most metrics, including revenue, billings, the customer adds, and margins. But Bachman reduced the price target from $515 to reflect concerns around changes in future interest rates.

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