On 1/31/25, Atlassian Corp (NASDAQ: TEAM) stock enjoyed a major increase of 14.9%, closing at $306.78. Moreover, this advance was accompanied by exceptionally high trading volume at 422% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.5% during the last week.
Current PriceTarget Research Rating
Atlassian has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Atlassian has a poor Appreciation Score of 23 but a very high Power Rating of 92, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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