Reported 16 days ago
On September 30, 2025, Wells Fargo started coverage of Atlassian Corporation (NASDAQ:TEAM) with an 'Overweight' rating and a price target of $216. The firm highlighted the company's growth driven by increasing cloud adoption, AI integration, and strong enterprise positioning. Atlassian's strategic moves, including significant acquisitions, are expected to enhance its competitive edge in the market. While deemed a solid investment, Wells Fargo notes that other AI stocks may present greater upside potential.
Source: YAHOO