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Fly News Breaks for January 18, 2019
TEAM
Jan 18, 2019 | 09:40 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Atlassian to $118 and kept his Buy rating after its "strong beat-and-raise" quarter, with subscription revenue rising 56% to $152M and billings up 49% to $351M. The analyst notes that the stock is up an "impressive" 113% from 2018, but he remains positive on the company's "unique sales model, attractive combination of growth and cash flow, and market leadership position" in the collaboration software market.
News For TEAM From the Last 2 Days
TEAM
Apr 26, 2024 | 16:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
TEAM
Apr 26, 2024 | 12:03 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
TEAM
Apr 26, 2024 | 10:30 EDT
Macquarie lowered the firm's price target on Atlassian to $215 from $245 and keeps a Neutral rating on the shares. The company reported strong fiscal Q3 results as quarterly subscription revenue exceeded $1B for the first time, the analyst tells investors in a research note.
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Apr 26, 2024 | 08:59 EDT
TD Cowen lowered the firm's price target on Atlassian to $210 from $220 and keeps a Hold rating on the shares. The firm said the results beat with updise in Data and with Cloud more tempered.
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Apr 25, 2024 | 17:21 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSnap (SNAP) up... To see the rest of the story go to thefly.com. See Story Here
TEAM
Apr 25, 2024 | 16:11 EDT
Data Center revenue growth year-over-year is expected to be in the range of 40% to 42%. Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a non-GAAP basis. Operating margin is expected to be approximately (7.0%) on a GAAP basis and approximately 18.5% on a non-GAAP basis.
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