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Investing.com -- Macquarie upgraded Atlassian Corp Plc (NASDAQ:TEAM) to "Outperform" from "Neutral" pointing to growing cross-departmental adoption, favourable near-term revenue catalysts, and an improved valuation profile.
The firm set a new 12-month price target of $270, implying a 29% total shareholder return from current levels.
Macquarie sees upside risk to FY25 revenue guidance, in part due to 15â25% Data Center price increases on post-February renewals.
Longer-term, cus...
>>> Read more: Macquarie upgrades Atlassian on product momentum and attractive valuation
The firm set a new 12-month price target of $270, implying a 29% total shareholder return from current levels.
Macquarie sees upside risk to FY25 revenue guidance, in part due to 15â25% Data Center price increases on post-February renewals.
Longer-term, cus...
>>> Read more: Macquarie upgrades Atlassian on product momentum and attractive valuation
