Bernstein, maintaining an Outperform rating, decreased its price target to $296, noting that Atlassian's revenue and cloud revenue surpassed expectations by 2.2% and 2.7%, respectively. TD Cowen dropped its price target to $220, influenced by concerns over artificial intelligence affecting SaaS companies, while acknowledging solid fourth-quarter results. Lastly, Mizuho set a new target at $235, highlighting Atlassian's 22% year-over-year revenue growth, which exceeded Wall Street's 20% expectation, and noted strong performance in large deals and cloud migration. These developments reflect varied analyst perspectives on Atlassian's recent financial performance and future prospects. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.