Fly News Breaks for January 24, 2020
Jan 24, 2020 | 08:54 EDT
Canaccord analyst Richard Davis raised his price target on Atlassian to $165 from $150 following solid results. The analyst believes next quarter's guidance is likely conservative but he thinks its business model and competitve moat are not seeing any deterioration and the fundamentals remain strong. Davis reiterated his Buy rating on Atlassian shares.
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