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Fly News Breaks for January 24, 2020
TEAM
Jan 24, 2020 | 06:05 EDT
Cowen analyst J. Derrick Wood raised his price target for Atlassian to $160 from $152 saying the company reported a "big beat" with fiscal Q2 billings growth of 39% well above Street at 23%. The size of the beat, the tone of management and the breadth of Atlassian's "growth engines should keep investors happy," Wood tells investors in a post-earnings research note. He keeps an Outperform rating on the shares.
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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