Why Atlassian Stock Was Moving Higher Today
Shares of the collaboration-focused software company Atlassian (NASDAQ: TEAM) were moving higher on an analyst rating upgrade this morning and broader tailwinds in the tech sector, as a weaker-than-expected producer price index reading cooled inflationary fears after the hot CPI report on Wednesday.
As a result, the stock finished Thursday's session up 4.8%.
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Source Fool.com
Atlassian Corp. Stock
€87.60
2.820%
Atlassian Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 148 € there is a hugely positive potential of 68.95% for Atlassian Corp. compared to the current price of 87.6 €.
