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Why Atlassian Stock Rallied Today


Shares of the workplace automation company (NASDAQ: TEAM) were climbing today as tech investors reevaluated the recent sell-off of many software stocks.

While there wasn't any specific company-related news driving Atlassian stock higher, investors may be starting to agree with a recent analysis that found that some leading tech stocks are "undervalued."

Atlassian stock was up as much as 6.3% this morning and had gained 4.4% as of 11:28 a.m. ET.

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Source Fool.com

Atlassian Corp. Stock

€128.80
35.840%
Atlassian Corp. dominated the market today, gaining €34.30 (35.840%).
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Atlassian Corp..
However, we have a potential of -0.62% for Atlassian Corp. as the target price of 128 € is below the current price of 128.8 €.
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