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Fly News Breaks for April 20, 2018
TEAM
Apr 20, 2018 | 07:31 EDT
Canaccord analyst David Hynes said Atlassian delivered another exemplary quarter and that any future event that causes a selloff would be a buying opportunity. He said the company had its best customer acquisition quarter ever, with subscription revenue topping $100M for the first time. Hynes, who continues to believe Atlassian is a best-in-class company, reiterated his Buy rating and raised his price target to $65 from $60 on the shares.
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