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BMO Capital disclosed Atlassian (US:TEAM), upping its target price to $40.00 today

Atlassian (US:TEAM) had its target price upped to $40.00 by BMO Capital in an issued report issued 7/07/2017. The upped target suggests a potential upside of 0.16% from the company's previous stock price.

Previously on Friday April 28, 2017, BMO Capital reported about Atlassian (US:TEAM) increased the target price from $29.00 to $33.00 that suggested a downside of -0.01%.

Boasting a price of $34.62, Atlassian (US:TEAM) traded 1.96% higher on the day. The last stock close price is up 7.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. The company has recorded a 50-day moving average of $35.76 and a 200-day moving average of $32.85. 421,775 shares of Atlassian traded, down from an avg. volume of 662,681

Performance Chart

Atlassian (US:TEAM)

Atlassian has 52 week low of $23.80 and a 52 week high of $39.25 and has a market capitalization of $0.

Brief Synopsis On Atlassian (US:TEAM)

Atlassian Corporation Plc is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers, information technology (IT) managers and knowledge workers. The Company offers JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications. JIRA allows teams to organize their work into projects and customize dashboards for those projects to keep their teams aligned and on track. Confluence provides a system for organizing, sharing and securing content in spaces arranged by team, project, department and others. The Company also offers additional tools for software developers, such as FishEye, Clover, Crowd, Crucible, Bamboo and SourceTree.

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