8 Large Cap Stocks With More Than 50% Upside

4. Atlassian Corporation (NASDAQ:TEAM)

Analyst Upside: 53.48%

Market Cap: $41.02 billion

Number of Hedge Fund Holders: 64

Atlassian Corporation (NASDAQ:TEAM) is one of the best large cap stocks with more than 50% upside. In a report released on October 7, Mizuho Securities analyst Gregg Moskowitz maintained a Buy rating on Atlassian Corporation (NASDAQ:TEAM) and set a price target of $235.

In other news, Atlassian Corporation (NASDAQ:TEAM) announced on September 18 that it entered into a definitive agreement for the acquisition of DX, which is a leader in engineering intelligence.

DX and Atlassian Corporation (NASDAQ:TEAM) would collaborate to empower enterprises to gain an understanding of how their AI investments help engineering teams to improve and accelerate their work.

Atlassian Corporation (NASDAQ:TEAM) provides team collaboration and productivity software, offering products such as Jira Software, Confluence, Jira Service Management, and Loom.