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Fly News Breaks for January 18, 2019
TEAM
Jan 18, 2019 | 07:36 EDT
Oppenheimer analyst Ittai Kidron maintained an Outperform rating on Atlassian and raised his price target to $110 from $95 after the company posted a "strong" Q2 with meaningful upside to EPS, revenue and margins, as well as "solid" guidance. In a research note to investors, Kidron says he is "bullish" and reiterates Atlassian as one of his top 2019 picks, reflecting multiple growth levers and strong control of its direction even if there are macro headwinds.
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