TEAM Stock: $285 Target (Up From $270) By Mizuho

By Amit Chowdhry ● May 4, 2021
  • The shares of Atlassian Corporation PLC (NASDAQ: TEAM) received a price target increase from $270 to $825 by Mizuho. These are the details.

The shares of Atlassian Corporation PLC (NASDAQ: TEAM) received a price target increase from $270 to $825 by Mizuho. And Mizuho analyst Gregg Moskowitz is maintaining a “Buy” rating on the company shares.

Moskowitz noted that the fiscal this quarter was materially influenced by pull-forward activity. And the company said that net customer adds were “exceptionally strong.” Plus the company’s cloud migration activity doubled on a year-over-year basis.

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