This acquisition, which involves the creators of the Dia and Arc browsers, was positively received by Raymond James, which reiterated its Outperform rating and maintained a $250.00 price target for Atlassian. William Blair also reiterated an Outperform rating for Atlassian, noting that the company trades at a slight discount compared to its large-cap software peers. These developments reflect a series of strategic moves and financial performances that keep Atlassian in the spotlight for investors. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.