Atlassian Stock Falls After Analyst Cuts Price Target
Atlassian (TEAM) stock declined slightly after Barclays analyst Ryan MacWilliams lowered his price target from $165 to $100 per share, citing broader concerns about software stocks amid AI-driven disruption. Despite the cut, MacWilliams maintained a 'buy' recommendation on the company. The move reflects ongoing softness in the software sector.
Tickers: $TEAM
Topics: analyst recommendation Atlassian Barclays software stocks stock analysis