Mizuho Securities Maintains a Buy on Atlassian Corporation (TEAM)

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.

Why Atlassian Corporation (TEAM) Went Down On Friday?

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.

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Disclosure: None. This article is originally published at Insider Monkey.